Capital One Auto Finance
in Auto Loans from Capital OneClaimed
Capital One Auto FinanceClaimed
in Auto Loans from Capital One
Strongly not recommended
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Capital One Auto Finance Review
Capital One Auto Finance is offered by Capital One, a bank founded in 1988 and based in McLean, VA. Capital One Auto Finance is available in 50 states (and Washington, DC).
How much can you borrow via Capital One Auto Finance?
Capital One Auto Finance auto loan amounts start at $4,000 and go up to $40,000.
What APR does Capital One Auto Finance offer on its auto loans?
Capital One Auto Finance offers a fixed APR auto loan product that ranges from 3.99% APR.
Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.
What is the maximum loan term you can get with Capital One Auto Finance?
Capital One Auto Finance has auto loans with a maximum term of 72 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your auto loan, the more interest you will pay.
Does Capital One Auto Finance charge an origination fee?
Yes, Capital One Auto Finance may charge a loan origination fee.
Does Capital One Auto Finance charge a late fee?
Yes, Capital One Auto Finance charges borrowers with a late payment penatly fee
Does Capital One Auto Finance charge prepayment fees?
No, Capital One Auto Finance will not charge you a fee for paying your loan early. Whenever possible choose lenders like Capital One Auto Finance that don't charge a prepayment fee. These fees can reduce or even cancel the interest savings of repaying a loan early.
Can I pay off early my Capital One Auto Finance loan?
Yes, you can. Capital One Auto Finance does not charge a prepayment fee, so you can save money by paying your auto loan early.
What do you need to qualify for Capital One Auto Finance?
Applicants with a credit score of at least 550 and up to 850 are eligible for Capital One Auto Finance. The minimum age to be eligible is 18 or the state minimum, whichever is higher.
To qualify for auto loans with Capital One Auto Finance, applicants need a minimum annual income of $18,000 or higher. Capital One Auto Finance only considers borrowers who are employed and meet the minimum income requirement.
The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members and their covered dependents are eligible to apply for a loan via Capital One Auto Finance. Their rates fall within the limits of The Military Lending Act.
Permanent resident / green card holders are also eligible to apply.
To qualify, applicants may need to provide the following documentation:
- Recent pay stubs
- Driver's license
- Proof of citizenship or residence permit
What is the estimated funding time for an auto loan via Capital One Auto Finance?Capital One Auto Finance will typically approve (or deny) an auto loan application within 1 hour and fund the loan within 7 business days of approval.
1680 Capital One Drive
McLean, VA 22102 USA
- Visit Site
Other Services by Capital One
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
|No Prepayment Fee|
|Employment Statuses Considered||
|Immigration Status Considered||
|Joint Loan Applications Accepted||
|Maximum Vehicle Age||10|
|Minimum Annual Income||$18,000|
|Verification Documents Required||
|Loan Amount||$4K - $40K|
|APR (Fixed APR)||Starting at 3.99%|
|Loan Term||Up to 72|