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Wednesday, October 21, 2009

If I apply for an auto loan at a car dealership, which credit bureau do they usually pull my credit score from

I just pulled my credit scores from the three bureaus and they are:


Transunion: 697


Experian: 702


Equifax: 689





I'm hoping they pull my score from Experian! Will I qualify for a good rate if I go to the dealership for a new car?

If I apply for an auto loan at a car dealership, which credit bureau do they usually pull my credit score from
If your score is less than 5 days old, you can use it at the dealership and they don't have to run your credit again. The dealership doesn't decide what score to use, they send your scores to the finance companies who decide whether or not to approve the loan. The dealership wants to sell the car more than you want to buy it, so in your case, they'll use your Experian score. By the way I sell cars, and if you want tips on how to get the best deal, email me - nkapusta87@yahoo.com
Reply:Will I qualify for a good rate with these scores? Or should I wait until my credit score is higher? Report Abuse

Reply:Yes a 700 is a good score and you will get a good APR. Just make sure to grind them about the monthly payments so that they don't add APR points onto the deal. Dealerships are allowed to add up to 2.5% to the APR on top of what the lender gives you. Good luck! Report Abuse

Reply:you should be able to get a great rate with those scores check out www.speedyloanapprovals.com under the auto loan section this guys will help you get a low rate plus give you the check for your car loan so you could walk in the dealership with buying power which is great because you will be able to negociate a better deal with a check on hand. good luck





http://www.speedyloanapprovals.com/autol...
Reply:call and ask the dealership


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