Anyone here have a bad experience with Capital One Auto Finance?

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04-06-2008, 08:14 AM

#11

travisnd

Join Date: Jul 2003

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Re: Anyone here have a bad experience with Capital One Auto Finance?

I've used E-loans and have had a good experience. I was going to use Captial One, but E-Loans gave me a lower %.

04-06-2008, 08:29 AM

#12

VanillaThrilla

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Re: Anyone here have a bad experience with Capital One Auto Finance?

Quote:

Originally Posted by Corey

I used to get pre-approval paperwork and emails (I have a Capital One credit card) damn near weekly for vehicle loans. When I finally decided to attempt to use them for a vehicle purchase, I sent in my application online and was denied. Makes no sense since like you, I was in the mid-700 range on my credit reports.

I was pissed about being denied so I turned back to Navy Federal. I was approved for $25k instantly even though I only asked to borrow $20k. The only reason I still even have my Capital One credit card is that the CC department has always treated me well.

Yep! Same here... I *still* get preapproval letters on the regular.

The thing that REALLY pissed me off was the multiple inquiries that hit each bureau. I applied for financing once, and had 2-3 inq's on each report from them doing multiple pulls... and THEN they denied me!