Will my credit score be affected when rateGenius accesses my complete credit report to evaluate the credit worthiness of my application?
Many scoring models consider whether you have applied for credit recently by looking at “inquiries” on your credit report when you apply for credit. If you have applied for too many new accounts recently, those may negatively affect your score. However, not all inquiries are counted. In fact, when you refinance your auto through rateGenius, your credit improves when your current auto loan is paid in full.
