Do car dealers always have to pull your credit, even if you got loan approval elsewhere?

I know that car dealers will pull your credit for financing, but what if you got approved somewhere else? Will they still pull your credit?

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Eric Schad
Answered on Jul 01, 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.
“Unless you sign a document stating that the dealer can shop for loans on your behalf, they won’t pull your credit.
It doesn’t matter whether you’ve been approved elsewhere or not until you sign the form.
Keep in mind that when you’re shopping for a new car, multiple hard inquiries just count as one inquiry, typically if they’re in a 14-day period.
So don’t stress if you’re shopping around for multiple quotes. It won’t impact your credit as much as you might think.”
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