Approved through Capital one for a car loan, need some help!

[Anonymous]

Hi, I got approved through road loans. They pulled my equifax profile according to them, my score is 708-but they said since I am a first time car buyer (not true but no car loans left on report because they are 7 years old) they only wanted to give me a 17,000 max loan and 19 something interest rate.

Capital one approved me for a 13 something percent interest rate up to 20,000 car loan. Is there a way to get them to come down some on the interest rates? Will they come down some? I can prove I had financing through Chyrsler financial in 2000 and never paid late. What would you do?

I went to a honda dealer and they couldn't get me approved anywhere.

Thanks

[Anonymous]

I would call Capitol One and tell them about the old loan and that you know your score, but before doing that I would find out if you are eligible for a local credit union. I would bring your old loan documentation and a copy of your FICO scores from this site and ask what tier you would qualify for. They should come in far lower than 13% with above 700 scores.

[Anonymous]

With a 708 tell Roadloans to stick it

[Anonymous]

Honda financing sucks.  Toyota has been great.  They do a ton of in-house financing for less then perfect credit.  I got 2 car loans in 1 week last year for a total of about 47K with about 4K down total and 500 credit scores at under 13%. And when I got my statement, the rate was lower than i was quoted at the dealer on both cars.

[Anonymous]

That credit score is a Tier 2 at any dealership....Interest rates went up a bit since I bought last month, but a 60 month car loan for Tier 2 was 6.99%.

Go to a dealership.