Posted by D. Mortensen on July 28, 1997 at 10:37:49:
Don't make the mistakes we made - we shopped multiple car dealers - a total of 6 in a matter of a couple of weeks. Interest rate shopping will hurt your credit rating!!! We also learned that the dealer's financing connections won't lock in quoted rates until you fill out the credit application (cute, huh?).WWW users alert: We also applied on-line for a service, didn't get a response back on the first application within 72 hours so we reapplied on line - now we find out that both inquiries showed up on our credit report, even though the company insisted they never received the first application.