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Thanks for the tip -- it does include the "up to" phrase. Today, CapOne sent a pre-approved loan for $18,705 with a fixed 8.9% APR and a five year payoff. Also, it did not include the "up to" phrase. The catch is that it has a direct draft service that I am reluctant to provide (based on some negative comments from others on this board).

However, it could retire almost 50% of my remaining credit card debt and I find that interesting. There are probably other "gotchas" as well but I will think on the CapOne personal loan as an alternative for a few days. My credit union doesn't provide at that rate either -- they prefer a HELOC with an adjustable rate but it is not direct draft service.

Is anyone familiar with the CapOne personal loan? Also, has anyone taken advantage of it?
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