What are the eligibility criteria for getting an auto loan with Capital One?
Asked a year ago
To be eligible for an auto loan with Capital One, there are a few criteria you must meet. Firstly, you must be at least 18 years old, have a valid Social Security number, and be a U.S. citizen or permanent resident. Additionally, you should have a minimum monthly income requirement, typically a minimum of $1,500. It's also important to have a stable employment history or a guaranteed fixed income. Capital One will consider your creditworthiness and may require a minimum credit score. However, they offer options for those with less-than-perfect credit. You should also be prepared to provide proof of residence, such as a utility bill, as well as proof of insurance. Meeting these criteria will increase your chances of securing an auto loan with Capital One.
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