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How many points are deducted from your credit score when applying for an auto loan?
My husband and I applied for an auto loan and did not agree to the rate, so how many points are deducted from the credit score when it is run? Thanks!
7 Answers
- 1 decade ago
This company will approve just about everyone for auto loan but realize the
poorer your credit is the interest rate will be a little higher. There are no upfront fees.
- 1 decade ago
There are too many variables to even give an actual range. However inquiries are not detrimental so long as you don't have a lot of them. 7 credit inquiries per year is considered border line excessive and anything over that in a 12 month period will start to have more detrimental effects to your score.
- 1 decade ago
Every time you apply for a loan your score is affected but not by much and no one can tell you exactly by how much.
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- 6 years ago
How many points are deducted from your credit score when applying for an auto loan?
T.R.Y
T.H.I.S.
S.I.T.E
W.H.E.R.E
Y.O.U
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B.E.S.T
S.O.L.U.T.I.O.N
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- Anonymous1 decade ago
If you're worried about your credit report you can check it for free on this site..
Source(s): http://creditscoreaaecdcd.blogspot.com/