Capital One Auto Finance, Inc.

Plano, TX United States

 

Company Description

What's in your garage? Capital One hopes it's a car financed through Capital One Auto Finance. A subsidiary of Capital One Financial, the company found its niche in the e-loan market. From its origins of selling loans only through direct mail and auto dealerships, the company has evolved into one of the largest Internet auto lenders in the US. An online decision usually comes within minutes, after which the buyer receives a "blank check" for up to the approved loan amount, thus providing the negotiating power of cash to let the borrower purchase or refinance a new or used vehicle.