I have excellent credit, my credit score is in the high 790s. I want to apply for a car loan from my bank and have the money in hand when I decided to purchase the car. But, I also would like to give the dealership the opportunity to beat the banks rate. How will this affect my Credit Score by having one approved loan and then having the dealership run my credit again to try and beat that rate? Thanks.

I am waiting for my car loan result to come back; if it go through then I can get the loan, but today found another cheaper car, if the loan goes through, is that mean I definitely need to go forward to buy the car? Please advice me.

I applied for a loan today, to 3 different banks. Sainsburys, Tesco and Alliance and leicester. It was for £8k but they all said no! They told me to check my credit report so i have signed into experian to check this. It all looks fine. All credit accts are green wth no late payments. I dont have any outstanding debt as i just paid my car loan off. The report is up to date and says i have 0 debt. I just cant understand why they said no… On the report it says available credit is 0 because i currently have no credit cards etc. surely this is good though? no debts and no negative history = low risk customer?? I’ve not had much credit in the past and my report reflects this, there is my bank acct, in good order and my car loan which was 14k also paid on time without problem and now satisfied… maybe the banks just wont lend to tenants but their adverts say differently…