cancel
Showing results for 
Search instead for 
Did you mean: 

Credit Hits on an Auto Loan

tag
tmbr10
Regular Contributor

Credit Hits on an Auto Loan

So I bought a new car 9 days ago. MyFICO informs me that the dealership looked at 3 banks for financing options and finally (thankfully) settled on my primary banking institution. I hoped they would do their homework on what banks were offering the best rates prior to submitting to multiple banks as my FICO is north of 800. I have not seen any negative impact on my Score. How long does it take for a Score to respond to this many Auto hits?

Message 1 of 2
1 REPLY 1
tmbr10
Regular Contributor

Re: Credit Hits on an Auto Loan

No FICO impact to this point. 

Message 2 of 2
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.