Hi Team,
I am thinking about a car loan for a used car, but I don't want to waste a hard pull on something I might not get approved for. So I was thinking is there a way to get pre approved with auto loans like you can with some credit cards?
Thanks
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I don't understand your post. If you apply for a credit card and are not approved, then by your terminology, you have wasted an inquiry.
Where is the lack of similarity for an auto loan? You apply, you receive a decision.
Or am I missing the intent of your question?
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Maybe I worded it wrong.
I just got approved for a Creditone CC. The first thing I did was fill out their pre qualified online form (), and that told me i qualified for one of their cards. Then I filled out the actual credit card application online (hard pull), and got the credit card.
I was looking to see if there is something on the same lines as that for a auto loan.