Get Credit Now » Buying Selling http://www.getcreditnow.com.au Fri, 13 Nov 2009 02:35:56 +0000 http://wordpress.org/?v=2.8 en hourly 1 How many places can a car dealership submit your credit application to get financed? http://www.getcreditnow.com.au/2009/10/01/how-many-places-can-a-car-dealership-submit-your-credit-application-to-get-financed/ http://www.getcreditnow.com.au/2009/10/01/how-many-places-can-a-car-dealership-submit-your-credit-application-to-get-financed/#comments Thu, 01 Oct 2009 18:33:03 +0000 Admin http://www.getcreditnow.com.au/2009/10/01/how-many-places-can-a-car-dealership-submit-your-credit-application-to-get-financed/
time4sax asked:


I just found out that the dealer were I purchased my vehicle had submitted my application to at least 20 banks/credit unions to get me financed. My credit score dropped 25 points in just 2 days due to the 20 inquiries now showing up on my credit report. Isn’t there a limit on how many places they can submit a credit application? I know I should have secured my own financing before going to the dealer, but I didn’t think they could ruin your credit score like this. Is there anything I can do to have all these inquires removed?

secured credit application
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