Question

Capital One Auto Loan?

I am looking to purchase a new vehicle by applying for a loan through capital one. The only source of credit I have is a credit card through capital one which I have paid all payments on time and have paid more than the minimum required and just recently they have increased my spending limit. Is it likely that I will get approved?

2 years ago - 2 answers

Best Answer

Chosen by Asker

Maybe. Depends on a lot of things. See what interst rate your local bank or credit union will offer you on a loan. It is bound to be a lot lower in interest.

by A-Team

2 years ago

Asker's Rating: 

Other Answers

I think that only the Capital One people can tell you that. But you may want to see about getting a loan through a bank where the interest isn't so high. Capital One is notorious for having unusually high interest rates.

by goddess- 2 years ago

They might not give you the loan being you only pay the min or just above the min. each month on time or not.

by IKE- 2 years ago