Does anyone have reviews / experiences w/ capital one or e-loan for getting a loan? Thanks.

 

capital one offered me a check in the loan amount of the car i was going to buy. basically, if i can get the car price to be less than the loan amount, that was all i needed to borrow. and the check would be good to go as soon as i sign it at the dealer, giving me somewhat similar leverage as if i had full cash.

but, the audi dealer actually was able to finance me for a better apr than capital one so i went with the dealer instead h:

 

ooh a reply thx. actually ur case is very helpful. so... even thought they accepted your application and gave you a check, you're not bound in any way shape or form to use them right?

 

not liable for the loan until you use it... since i never used the check, it automatically expired and became void in 30days or something like that. i forgot.

 

what apr was cap 1?

 

depends on your credit.

 

yea, i know it depends on credit, but usually, there is a prime rate they offer for those w/ good credit isnt there?

 

beats me. my credit wasnt too "good" when i had applied h:
but if i remember correctly, i think if qualified, they couldve gotten (at the time) an APR of 4.5%.

 

its on their site, depends if used/new dealer/private. thanks for the info 95.

 

cool