OK - we all know what "Preselected" means. LOL But when did Cap One get into the auto lending business?? Last month I reported that my Credit Union gave me a "preapproved" loan for $25K. This was a real preapproval. No evidence of income or anything required. Ford Motor Co. also gave me a "Preapproval" for $35K. But I know they want evidence of income. It's 30 months since my BK was discharged and I have made 30 payments to Ford on my Explorer. I have a credit card with the credit union and a long history with them. So I can understand Ford and the CU extending credit to me. But Cap One? Anyone else get an offer from Cap One?