This topic contains 3 replies, has 3 voices, and was last updated by Anonymous 8 years, 4 months ago.
- May 5, 2011 at 7:54 pm #206131
I know that applying for things alot lowers your credit score. Right now im trying to get the best rate possible so I am having my credit ran by multiple auto financing institutions. Will this hurt my credit?
- May 15, 2011 at 10:41 pm #276468
Go about this a little differently. Once you know your credit scores, approach prospective lenders with this information and that part of the process completed.
- June 10, 2011 at 2:37 am #432667
Your only chance is to have a large down payment or a cosigner with very good credit and not too much debt.
Without one of the above, you have no chance of buying a car on credit let alone being preapproved.
Now, there are dealers who say “We finance anyone” and they will.
You are pre-approved. To put $ 1500 down and owe $ 6500 more on a car worth $ 2000.
- June 10, 2011 at 2:37 am #432668
Financed cars is more expensive to insurance cause it requires full coverage. You can compare how much you would pay for full coverage of this car using this tool – carquotes.sinfree.net
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