topic dealer financing in Auto Loans

dealer financing

buggle — Thu, 16 Jul 2009 18:34:03 GMT

When you apply for credit at a dealership, do they get one hard pull of your credit report and score to give to each creditor, or is it one hard pull for each creditor. thanks in advance for your help.

Re: dealer financing

Anonymous — Thu, 16 Jul 2009 19:23:06 GMT

Per Lender......and as many times as they want.

Re: dealer financing

llecs — Thu, 16 Jul 2009 19:33:02 GMT

And remember, per mortgage and auto inquiries only, all pulls within a 14 to 30 day period, and based on the CRA and version of score used, all inquiries count as one single inquiry for scoring purposes. So, if you app (or lender apps) 29 times over a 2 weeks period, even though the inquiries are showing, FICO only dings you for one of thos inquiries.