Hi there,
We bought two autos last year, in May and July of '07. Now pulling our credit reports, we see that the dealership sent our info to seven lenders for the first auto, and eight lenders for the second lender, in addition to one inquiry each from the dealership. It has blown our credit score to pieces. These are not showing as combined inquiries as I have read that they should, but each are being counted individually.
With the second auto, I actually requested specifically that they ask our credit union first, as we re-fi'd the first auto through the credit union and got a great rate. Per our credit report, they asked every lender in the universe, EXCEPT the specifically requested one.
Was it legal for them to run our credit so heavily? How/who do I write to get the inquiries to combine? And what about the second instance where we requested a lender & they did not use them but instead tried others?
Thanks,
ivyalmighty
