Credit 101

Inquiries While Car Shopping


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As you embark on the search for a new vehicle, it's likely that you'll be considering some financing to complete your purchase. But if you're concerned about how your credit scores can be impacted by several inquiries while you look for the best financing option, you needn't be. While inquiries are a part of many credit scoring calculations, learn more about why (and how) these kinds of comparison shopping evaluations are seen differently and don't impact your credit scores. Looking for the best financing option isn't something that should harm your credit information - it's a part of your due diligence in exercising sound financial judgment - and we'll explain the differences between these and other kinds of credit checks that you may have seen appear on your credit report when you've sought new credit in the past.

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Credit 101By Experian