Can a car dealer continue to pull my credit for financing?

"Can a car dealer legally keep pulling my credit? I've gotten updates on my phone from Credit Karma about hard inquiries on my credit report.

In the past two weeks, a car dealer I've been working with has pulled my credit three times."

Answer provided by
Eric Schad
Answered on Jul 03, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
“When you sign the paperwork for dealer-arranged financing, there’s a section that says they can run your credit and send (or even sell) your information to lenders.
So without having all the details or being able to look at this document, chances are the contract says they’re within their full legal right to do so.
In the future, get pre approval so you don’t have to worry about this.
Not only will you know how much you’re approved for, but you’ll also know the rate to compare to other lenders.
It only takes an hour at most, and it’s well worth it to have that letter in hand for your own peace of mind and as a negotiation tool when buying a new car.”

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