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Capital One Auto - Paid off Repo

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Blitz1030
Valued Member

Capital One Auto - Paid off Repo

Will Cap1 finance someone who had a repo with them in the past?  Repo was in 2015, but it was settled for less than full amount and reports 0 balance after settlement paid.  No issues with Cap1 credit cards.  Was thinking of going thru them again but wasn't sure it was worth trying. 

Message 1 of 5
4 REPLIES 4
TattnallTrio
Frequent Contributor

Re: Capital One Auto - Paid off Repo

It's possible. Fill out the Auto Navigator pre qualification form. It goes off of a soft pull and see 

Message 2 of 5
Shooting-For-800
Senior Contributor

Re: Capital One Auto - Paid off Repo

Cap One Auto Navigator is a SP prequal. 

 

GL!

Rebuild started in 2014  -  $100k unsecured credit in 2017  -  $500k unsecured credit in 2024.

DON'T WORK FOR CREDIT CARDS ... MAKE CREDIT CARDS WORK FOR YOU!



Message 3 of 5
Blitz1030
Valued Member

Re: Capital One Auto - Paid off Repo

Thanks for the info...preapproval for 8-10% based on car up to 35k.

Message 4 of 5
StarraeAday1
Regular Contributor

Re: Capital One Auto - Paid off Repo

IME, CapOne is one of the most forgiving lenders around. I've inadvertently burned them a couple of times, and they always let me right back in. There were several CapOne accounts included in our Chapter 7 BK discharged in January 2018, they let us back in in early 2019, and we currently have several CC's and two auto loans with them. Some people talk trash on them, but they really are kind of awesome.

Foreclosure - June 2017
Ch. 7 BK - Discharged January 2018
6/2020 - EQ 680 | EX 691 | TU 707
Message 5 of 5
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