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Posts: 2,110
Registered: ‎12-29-2011
Re: Captialone Auto Loan is it easy to get approve?
[ Edited ]

jllunas wrote:

Capital one is one of the easier banks to give out an auto loan. When we had our bankruptcy discharged in 2009, 6 months later they approved us for a 20,000 dollar used car loan but the interest rate was 10.85%. 7 months later we refinanced with our local credit union for 2.9%. So it would not hurt to try it just depending on your credit score its going to determine your interest rate.

I wouldn't say they were easy to get approved for. I had a credit card with them for two years and when I app'd for a auto loan with them, they denied it on top of three credit pulls. My FICO at the time was around 720 but my auto enhanced score was 640 I think...


I've never had any late payments. My only problem was that I had never had a car loan before. Lol.

The truth is out there...
FICO scores: 764 (EQ) 732 (EX) 757 (TU) 9/14 | Goal score: 750+ (all 3)
Tradelines: Capital One QS NPSL (5.0k) | Discover IT (6.0k) | Walmart Mastercard (5.0k) | Chase Freedom NPSL (7.3k) | Citi Simplicity (9.3k)