auto loan rates

June 25, 2010

Auto Loan Online? Military? Bank?

Rush_Informer01 asked:


I’m looking for a car loan for about $10,000 so I can buy my new car before I sell my current one (which is paid off). I have a good credit score of 741 last I checked. I’m in the USMC reserves if that will help with interest rates. I don’t have very much monthly income however since I just quit my civillian security job.

Edwin

May 20, 2010

Just got approved for Capital One Blank check auto loan?

Filed under: Credit — Tags: , , , , , , — @ 2:58 am
Tim6298 asked:


havent actually gotten the check and used it yet. My question is how long can I shop for a better rate before my credit gets dinged more than once? I assume that even if I am approved from Capital One but havent used the loan yet that my credit only shows an inquiry? Is that correct? Does Capital One usually have better rates than what dealers might offer?
I didnt get an “ad” from capital one in mail or anything like that this is an actual loan I applied for online

Paula

March 23, 2010

I applied for an auto loan online, I got pre-approved for up to $44k. What does this mean?

Yahoo Answers Answerer asked:


I applied and they said i am pre approved for 44k. Then the same guy calls me back and tells me now I get 48.8k.

I asked about my interest rate, he says he will not know until I pick the car and I guess find a financing company.

Am I setting myself up to get jigged with at the dealership?
The car i plan to get will only be about 12k. I have 3k already set aside for this car. So i guess the APR i get, may not matter so much….

Gloria

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