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JASON34GATORS
Contributor

Hi

Hi why is my car loan place soft pulling my credit report?

Message 1 of 7
6 REPLIES 6
RushXTC
Established Contributor

Re: Hi


@JASON34GATORS wrote:

Hi why is my car loan place soft pulling my credit report?


 

Is it online? Most online loan websites do a soft pull beforehand, just to see if you're pre-approved.

 

If it's in person, I'm not really sure, tbh.

Message 2 of 7
JASON34GATORS
Contributor

Re: Hi

No I already have the loan with them for Months its Honda

Message 3 of 7
RushXTC
Established Contributor

Re: Hi


@JASON34GATORS wrote:

No I already have the loan with them for Months its Honda


 

Hmm, Not sure then, How are you seeing the soft pulls? I'll go ahead and check my sisters to see if they're pulling hers too. She has honda financing on her CRV.

Message 4 of 7
myjourney
Super Contributor

Re: Hi

They do this to make sure your financial picture hasn't changed in some way that could affect your credit and the payment 

Basically baddies or high debt

AR=account review in most cases 

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 5 of 7
JASON34GATORS
Contributor

Re: Hi

Oh ok thank you i see 

Message 6 of 7
pizzadude
Credit Mentor

Re: Hi

 

+1.   Almost every creditor conducts periodic account reviews of their customers.

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 7 of 7
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