Car loan (PCP) - additional credit checks

mat1964

We applied for a car loan back in December when we ordered a car.  The finance company did a hard credit search, approved the loan and sent us all the documentation etc.  Is it likely they will do another search when the car is ready (in a month or so).  

[Deleted User]

What does the documentation say in terms of approval and provision of funds?

Grumpy_chap

If nothing has changed, then there is nothing to worry about.

mat1964

Deleted_User said:

What does the documentation say in terms of approval and provision of funds?

It just says that on signing I declare that nothing on the form has changed - but it's not signed until delivery.  Nothing I declared in the application process or on the form  (salary/job etc) has changed, but I have taken on more debt since the process and my credit score is lower.  (The application did not ask about current credit commitments).

[Deleted User]

It doesn't matter if your credit score is lower. They'll have seen your credit commitments from the searches.

There's a chance another search will be done, but it's unlikely on a car loan.