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Auto Loan with Fraud Alert?

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RonelTek
Member

Auto Loan with Fraud Alert?

I'm looking to apply for an auto loan during the 4th of July sales event at my local dealer,  i have Equaifax Complete, where i added an Automatic fraud alert to my CR, so that lenders would verify my identity before extending credit. my fraud alert are set to expire in August,  so my question becomes,  does having a Fraud Alert on my CR decrease my chances of approval?

 

thanks

 

Message 1 of 2
1 REPLY 1
sccredit
Valued Contributor

Re: Auto Loan with Fraud Alert?

No, they will just verify your identity (like with your DL), won't have an effect on approval.

Message 2 of 2
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