Tip Of The Day
Tip #37

When you’re shopping for a car loan, try to get all of your loan quotes in a one to two week period.  If several credit checks are ordered in a short period of time, your credit score will only reflect one inquiry.  If you spread out your car loan shopping over several months, this will negatively affect your credit score.  Because each inquiry can potentially hurt your score, consolidating your credit checks will help keep your credit score up for future loans.

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More Tip Of The Day ...
  • Tip #36
    Sometimes lending agencies will penalize you for paying off a loan early.  Because of this, it ...
  • Tip #35
    If your application for an auto loan is denied because of your credit score, you have the right ...
  • Tip #34
    There is an auto loan specific credit report that looks at different factors than a normal credit re ...
  • Tip #33
    Automakers sometimes offer incentives to a particular region of the country. When you’re shopp ...
  • Tip #32
    Ask people you know about dealerships they’ve dealt with. The service at your dealership can b ...
  • Tip #31
    Refuse to pay advertising costs when you buy a new car. Many dealers will try to include the cost of ...
  • Tip #30
    If you are not a good negotiator, but your friend or relative is, bring them with you. Let them do t ...
  • Tip #29
    Does the thought of negotiating the price of a car terrify you? Try a no-haggle dealership. At this ...
  • Tip #28
    Get several quotes on the car you want to buy. If you go to a Chevy dealer and they say they can giv ...
  • Tip #27
    What is the dealer invoice price of the vehicles you are considering? If you don’t know what t ...
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