How will applying for an auto loan on-line at several places affect my credit rating?
Saturday, January 15th, 2011 at
09:39
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Question Generic levitra whithout prescription by StillCurious: How will applying for an auto loan on-line at several places affect my credit rating?
I heard that comparing auto loans before shopping for a car is a prudent thing to do. But I've also heard that every time you apply for a loan your credit rating is negatively affected. What's the truth?
Best answer:
Answer by tonalc1
Each time you apply, the loan company runs your credit report. Excessive inquiries can lower your rating.
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