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shawnj1234
Member since: November 2009
Total Contributions: 2
Activity
(2 Total Contributions)If I apply for a car loan with two different lenders, will that lower my credit score?
If you are shopping for a new or certified used car loan the best thing to do is look at all 3 credit scores, most all banks and dealer used credit sources use experian if your score is in the high 700's you'll get a rate of 2.9-4.9 anything down to 650 will get you about 8.9 anything below that and you most likely will have a very hard time getting credit or it'll be in the high 18 plus percent rate.
Response Reply posted 2 years ago
If I apply for a car loan with two different lenders, will that lower my credit score?
No BANK will take the risk for 2 years! However if you are in a bind and are williing to pay the price a finance company will!!! there are several that charge an outragious fee and interest but it will help you get back on track.
Response Reply posted 2 years ago
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