We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Car application impact on credit rating
Hiya,
Not sure if this is the correct place to post, apologies if not.
Yesterday, my husband was accepted for a lease on a new car. His credit rating is vg. However, after reviewing our budget many times today,we've decided to go for a cheaper option than the deal he was offered yesterday. No paperwork was signed yesterday but obviously a credit check was done.
If he applies for the other (cheaper) car soonish, is the fact he's had 2 credit checks so closely together going to impact his score and therefore the likelihood of him being accepted for the cheaper car?
Thanks for any advice.
Not sure if this is the correct place to post, apologies if not.
Yesterday, my husband was accepted for a lease on a new car. His credit rating is vg. However, after reviewing our budget many times today,we've decided to go for a cheaper option than the deal he was offered yesterday. No paperwork was signed yesterday but obviously a credit check was done.
If he applies for the other (cheaper) car soonish, is the fact he's had 2 credit checks so closely together going to impact his score and therefore the likelihood of him being accepted for the cheaper car?
Thanks for any advice.
0
Comments
-
Thank you
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 348.6K Banking & Borrowing
- 252.2K Reduce Debt & Boost Income
- 452.5K Spending & Discounts
- 241.3K Work, Benefits & Business
- 617.8K Mortgages, Homes & Bills
- 175.8K Life & Family
- 254.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 15.1K Coronavirus Support Boards