Hi,
I am about to buy a 2007 Corolla LE. I want to check the best interest rate for an auto loan with bank of America (where I have an account), capital one and local credit union before hearing the dealership rates.
I have pretty good credit score. (Experian : 740). No other loan and debts. But less credit history. Only 1.1/2 years, and my monthly income is around 1800. So if I apply online for Bank of america and Capital one auto loan to check how the rates are, will that affect my credit score when I go to dealer after 2-3 days?
Is it safe to check loan approaval?student loan consolidation
No, but it may help them build there case giving you a higher rate if you get turned down.
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