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Posted in Auto Loans
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CeaseArd

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Multiple Hard Credit run spanned across a week for Auto Loan
I recently co-signed for my friend to get an auto loan. After reading the forum I came to know multiple inquiries over a period of 30 days are counted as 1.
But is it normal that the same finance company running 1 more inquiriy after a week when they already financed the car during the 1st credit check?

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No, it's abnormal to have another inquiry a week after it was financed. You would need to call that particular lender and asks why, they might have a reason to run your credit again week apart.

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2 things, 
1) how many different auto lots did your friend go to and look at buying a car?   ( that could be the finance company running it twice a 2 differ places )

2) ARE YOU NUTS,   Co-Sign for a Friend?    

--- Hope you are willing to make all the payments once they stop!

Folks NEVER CO-SIGN for ANYONE,   Not your Kids,  Not your Friends,  Not your Bother,  Sister or PARENTS!  

NEVER Every CO-SIGN a Loan for anyone!

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