back to articles | June 30, 2019 | Dale Peterson
Categories:   Consumer Credit    Loan Calculators & Rates    The myAutoloan Difference
Credit Checks for Auto Loans Are Not A Bad
When applying for an auto loan, having your credit checked does not hurt your credit. It comes up again and again from auto loan applicants that they are concerned about having their credit checked. Why the concern? Because it’s been promoted for years that shopping for auto financing and multiple credit checks for auto loans will to hurt your credit. That’s simply not true! There is an old saying – “smart people shop for the best rates and terms.” Shopping for rates is a good thing.