Consumer Credit Directory – credit application

June 6, 2010

Is it fine to submit my credit application to car dealership numerous times online?

Joanne asked:


I am looking for a car but is it fine to submit my credit application information to dealerships more than twice on different site online to see if i get approve with lower rates and compare ?thanks.

Ashley

5 Comments

  1. Wendy

    Its pointless.

    Comment by N — June 8, 2010 @ 9:54 pm

  2. Earl

    As long as it is within a few days it is ok. However, most dealerships use the same lender so if you get one approval from one dealership they will honor it at any other dealership. But you should first visit your local bank and try to get approval there. When you are in front of a lender it is easier to get a better rate. Good luck

    Comment by murdock770 — June 9, 2010 @ 2:04 pm

  3. Emma

    Sure, it you don’t mind taking a hit on your credit rating from your record being run frequently.

    Comment by oklatom — June 11, 2010 @ 3:19 pm

  4. Joe

    It doesnt make a difference

    Comment by Joe — June 14, 2010 @ 12:32 am

  5. Curtis

    You can submit 100 applications and it will still count as 1 inquiry as far as the credit agencies are concerned, as long as they are done within a 2 week time frame.

    Comment by PETER GRIFFIN — June 16, 2010 @ 3:11 pm

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