I heard that comparing auto loans before shopping for a car is a prudent thing to do. But I’ve also heard that every time you apply for a loan your credit rating is negatively affected. What’s the truth?

I heard that comparing auto loans before shopping for a car is a prudent thing to do. But I’ve also heard that every time you apply for a loan your credit rating is negatively affected. What’s the truth?

I’ve been doing some research on auto loans and was wondering if I could get a second opinion on auto loans. Which is the best company to get an auto loan from? What should one look for when applying for an auto loan? I understand that this question really depends on the individual that is applying for an auto loan and what their story is, although, on average, which is the best?

I heard that comparing auto loans before shopping for a car is a prudent thing to do. But I’ve also heard that every time you apply for a loan your credit rating is negatively affected. What’s the truth?