Capital One Pre-approval

[beanie7132]

I received a pre-approval for up to 30K on a new or used from Capital One today.

My question is this: the rate and details are not on the pre-approval. So, if I were to plug in my preapproval number on thier website, does that generate a hard pull?

I am curious to what they are offering, we need a new car soon and plan to shop in the next few months anyways. But I am not ready to take the hard pull until we start officially shopping and can have them all grouped together.

[azguy13]

How did you go about getting the preapproval from Capital One with a Soft Pull? Was it just mailed to you without you asking or did you go through their application process? 

[Anonymous]

I used a capine blank check before and it did do a hard pull when i put my info in. You may or may not actually get approved for the 30k, the "up to" part does not mean that is a for sure thing, but it should be close i would think. Overall my experience with them was fairly painless. They did require pay statements for a month or so, along with bank statement as i recal (could be wrong on that - been awhile). The rate they offer you will depend on your credit and length requested.

[beanie7132]

---

@azguy13 wrote:

How did you go about getting the preapproval from Capital One with a Soft Pull? Was it just mailed to you without you asking or did you go through their application process? 

---

It came through the mail - which is odd because I am opted out. But, i have two capital one credit cards. Low limits/credit steps. The first notice I received from them was a few weeks back, it wasnt a pre-approval, just a notice that they offer blank check. They soft-pulled me on 7/17 as an account review, and I got the pre-approval in the mail yesterday.

---

Chris123nTx wrote: I used a capine blank check before and it did do a hard pull when i put my info in. You may or may not actually get approved for the 30k, the "up to" part does not mean that is a for sure thing, but it should be close i would think. Overall my experience with them was fairly painless. They did require pay statements for a month or so, along with bank statement as i recal (could be wrong on that - been awhile). The rate they offer you will depend on your credit and length requested.

---

It came with terms and conditions regarding items needed (check stubs) and things that would disqualify me like jumbo mortgage, past due mortgage, etc. I am more interested in the interest rate they are offering, because the pre-approval does not state the rate. But I dont want a hard pull

[lajntx]

---

@beanie7132 wrote:

---

It came through the mail - which is odd because I am opted out. But, i have two capital one credit cards. Low limits/credit steps. The first notice I received from them was a few weeks back, it wasnt a pre-approval, just a notice that they offer blank check. They soft-pulled me on 7/17 as an account review, and I got the pre-approval

Did you opt out of Captial One specifcally through the website or was it in the National Registry? If it was the National, then a business you have a business relationship with can still send you solicitations.

I`m willing to be that if you do take them up on the offer, that they will HP you then. If you do and they dont -- please keep us informed because then you have just found a good way around the HP situation.

[beanie7132]

---

@lajntx wrote:

---

@beanie7132 wrote:

---

It came through the mail - which is odd because I am opted out. But, i have two capital one credit cards. Low limits/credit steps. The first notice I received from them was a few weeks back, it wasnt a pre-approval, just a notice that they offer blank check. They soft-pulled me on 7/17 as an account review, and I got the pre-approval

Did you opt out of Captial One specifcally through the website or was it in the National Registry? If it was the National, then a business you have a business relationship with can still send you solicitations.

I`m willing to be that if you do take them up on the offer, that they will HP you then. If you do and they dont -- please keep us informed because then you have just found a good way around the HP situation.

---

Ya I am not going to chance it. I have too many balances right now, so Im not in the best position. Plus I have a bunch of new inquiries from rebuilding so we really are trying to wait a few months.

I will bet that cap one will triple pull if I attempt to accept thier offer........ eeek