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Is it legal for a car dealership to run your credit without your approval I did not provide them my SS number I have no idea how they got it?
Wiki User
∙ 16y ago
There are two different types of credit inquiries. One is when you request that a potential creditor run your credit in order to obtain some type of credit offer. This type requires you to approve the credit check and may ultimately affect your credit score. The second is a general review that many larger credit offering organizations pay to have access to. This type is the kind that you do not have to approve and do not affect your credit score. I would figure out which type the company performed. If it was the first type, you have reason to contact the credit reporting bureau to begin an investigation at no charge.
Wiki User
∙ 16y ago
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Can a dealership send an application for credit approval without a signed credit application?
Yes. In many states, the dealership can send in an application for credit approval without a signed credit application. That is called pre-approval. They can make it real easy for you to buy. The loan does not become official until you sign the papers. You do not owe one cent until you sign the papers and drive off in your car. Still, the dealership can do the work of getting you credit approval before you sign anything.
Who offers instant credit approval?
Many credit card companies will offer something known as instant approval, as will many lenders. The actual meaning of instant approval, however, varies from lender to lender. Some will offer it in terms of being able to approve or deny a credit request very quickly, without a long waiting period. Others offer approval of loans or lines of credit without the need for a credit check, based solely upon certain things the lendee can provide at the time, and thus call it instant approval.
Can a dealership take a car back due to non-approval after signing contracts?
Non-approval of what? The Car Loan? In that case, yes. If you have no means of paying the loan, credit rating wise, then the dealer certainly isn't going to simply let you keep it without getting paid in return.
Can i sue a dealership for checking my credit without my permission?
If you were attempting to purchase a car from the dealership, they had a right to check your credit. However, if they just obtained and checked your credit for no reason, you may have a case. The best bet is to contact a lawyer.
What do thE DEALERSHIp check when you want to buy your first caR?
Your credit reports from top 3 agencies to see what you qualify for. They can't run it without social, so don't provide until you see something you like. Having it run too many times hurts your credit.
Can you refinance and remove the co signer?
Yes, if your credit rating has improved enough to get a loan approval on your own.Yes, if your credit rating has improved enough to get a loan approval on your own.Yes, if your credit rating has improved enough to get a loan approval on your own.Yes, if your credit rating has improved enough to get a loan approval on your own.
Can a car dealership keep running your credit info for a loan without your approval?
Sort of. Once you provide them with your SSN (social security number) this basically gives them the right to run your credit. Often they will run your credit with different agencies (i.e. Experian, Trans Union, etc) to obtain the best score. This allows them to offer you a loan at an outrageous APR. Note: if your credit has been run more than once by the same lender/business, this is not a good sign of good credit and this also deducts points from your credit score every time. One possible solution is to put an alert on your SSN. Contact each agency to do this.
Can you pull credit for someone curretly in a chapter 13?
yes you can pull credit but federal law prohibits borrowing or loaning money without the trustees approval.
If someone gives you authoritizion to use there credit card without them being there is it ok?
yes because they gave you the approval of using there credit card its not like your stealing it
Where can a person go to get instant credit card approval?
Sometimes it can be difficult to get a credit card with a bad credit score. At such times its tempting to find a way to get instant credit card approval. Sites like creditcards offer many instant credit card approval offers.
How long is the hdfc credit card approval process?
The credit card approval process can range from instant credit approval (such as a mere sixty seconds) to over a few days while the bank does a detailed credit check on you to ensure you are low risk.
What is mean by credit approval?
Credit approval means your credit history will have to be checked before you can be approved for a loan, credit card, etc. If your credit report (history) is not good, then the chances are you will be turned down for a loan, credit cards, etc.
