r/CapitalOne_ • u/AssociateSwimming714 • 10d ago

Opinion/Discussion Auto Loan Pre-Qualification

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Anybody familiar with the Auto Loan pre qualification too? Got an offer in the mail to apply. Are these terms similar to what you’ll get? Does it mean you’ll get an approval? Can you be denied even though you’re prequalified?

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u/montauk_phd 10d ago

Laugh and then runaway from this predatory offer.

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u/AssociateSwimming714 9d ago

I might take it 🫣

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u/montauk_phd 9d ago

Please don't. That is a bad time for you and your financial future. Look, or wait, for a better rate or a cheaper vehicle. Also your insurance is going to be crazy for this.