Introduction
More than 25 years ago, Capital One revolutionized the credit card industry with data and technology. Today, we are one of the most widely recognized brands in banking — serving more than 100 million customers across a diverse set of businesses.
Capital One was founded on the belief that no one should be locked out of the financial system. Today, our deep commitment to financial inclusion is reflected in our business, community partnerships, philanthropy, and most importantly, support for our customers. We are on a mission to change banking for good.
Capital One was founded on the belief that no one should be locked out of the financial system. We’re dedicated to helping foster a world where everyone has an equal opportunity to prosper.
Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We were founded on the belief that the banking industry would be revolutionized by information and technology, beginning with credit cards.
Founder-led by Chairman and Chief Executive Officer Richard Fairbank, we believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. Across the company, we’re building customer experiences that are real-time and intelligent. We measure our efforts by the success our customers enjoy and the advocacy they exhibit.
We’re enabling great talent with great spaces. Our award-winning office designs promote creativity and collaboration. In 2018, we opened our new headquarters in McLean, Virginia, where engineers, designers, and data scientists work side by side to imagine the next great chapter of Capital One.
Capital One offers a comprehensive guide to auto finance in various dimensional stages of auto finance process. The comprehensive and user-friendly platform of Capital One Auto Navigator which showcases a wide variety of features for sale, purchase and financing of cars in a nice array of categories. The navigation menus in the horizontal order are categorized under Care for Sales, Financing, Sell my car, Car Research with search bar. The new car buyers can go for shop all cars and get pre-qualified tabs to assist their search and initial step in the buying process. Car browsing is made easier through Browse cars by price range tab.
About the Pre-qualification process
The get pre-qualified process is basically gathers some basic customer details to ascertain whether the customer qualifies for an auto loan. It provides support in finding the car that suits the customer’s budget. The customers can shop the cars from the registered dealers and see the personalized rate of the car. This feature helps to customize the offer by adjusting things like downpayment, term length and more details required to formulate a deal that is right for the customer. The customers can complete the final credit application visiting the dealership and drive home with their new car. Basically the Pre-qualification is a lender’s estimate of your auto financing terms. These terms are based on your information you submit, your credit history, and the vehicle selected. By gathering the basic details of the customer, the system does a soft credit pull which includes name, residential address, social security number, date of birth, employment status, employer and salary. In the certain cases the system may request additional information to verify the customer identity or the accuracy of the details provided, without impacting the credit score.
How much a customer can pre-qualify for, varies from individual and based on the information submitted. After the pre-qualification is approved, the customer will be shown the amount that can be financed, which is based on a number of factors. the pre-qualified financing terms typically include monthly payment, APR (Annual Percentage Rate), and loan term length. Once the customer finds the vehicle wanted, he or she can customize the deal online. Capital One encourages the customers to contact the dealer to determine their final terms on the vehicle selected.
