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Does applying to multiple lenders for auto financing have a negative affect on the Credit Bureau score?

April 26, 2017affect Auto Credit bureau financing lenders negative score

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Does applying to multiple lenders for auto financing have a negative affect on the Credit Bureau score?

1 Answer

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No. At the present time, the credit scoring agencies say that all credit inquiries within a 14-day period associated with one type of buying are consolidated into one inquiry for scoring purposes.