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Mitch624

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Three credit reports???
We bought a car two days ago and the company ran 3 credit reports on us?? That is NOT good to have that many inquiries on us. Why did they do that? They were all with Trans Union?

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if they shop your application to three banks, then most likely your credit will be pulled three times. whether they were all TU i have no idea. check your credit and find out. now, most models have a contingency for "shopping" loans like this. where, all inquiries within a specified time are counted as one. they understand that shopping for a big loan, like auto or mortgage, you want a good rate and might go to 3-5 different places. the time frame for a lot of auto models is 14 days. most likely, those three hard pulls will only count as one, so don't be too worried. 

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