Saturday, October 31, 2009

If you apply for a car loan and get approved but dont get the car does that show up as negativity?

Your credit rating will make a very very slight dip every time you have a credit inquiry. If you have good credit you should have no worries about the credit inquiry.



If you apply for a car loan and get approved but dont get the car does that show up as negativity?

Can't see why it would, you just basically changed your mind about the car.



If you apply for a car loan and get approved but dont get the car does that show up as negativity?

your score may go down a couple points if you do that over and over again but it that small change in a score has no relevance to anything really.



If you apply for a car loan and get approved but dont get the car does that show up as negativity?

The finance companies make their money by lending you money. If you are approved for a loan to purchase car, but don't buy it, the loan company has the right to charge you for the cost of researching your credit worthiness and funding the money if it goes that far in the purchase process. This will not show up on your driving record, but may have a slight impact on your next loan application. It depends somewhat on your circumstances and why you cancelled the actual distribution of loan proceeds.



If you apply for a car loan and get approved but dont get the car does that show up as negativity?

Today every person has need of car, because it has become the necessary need for the people and status symbol also. If you have bad credit history or poor credit history and look for purchase a car, then it is very tough for you. Due to bad credit history, lenders are not keen toward%26lt;!--providing you loan, but do not be discouraged.Generally, bad credit car loans are available at higher interest rate, but you can take at competitive interest rate after placing your assets as collateral in secured bad credit car loan. You may find some car loans here,



http://badcredits.awardspace.com/guarant...



You also can grab bad credit car loan without keeping your asset as collateral, but you have to pay competitively higher interest rate. Hence--%26gt;you can take this loan at better rate, because competition among lender.You can reduce your interest rate after talking with the lender

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