Is my credit damaged?

@clrumfelt (5421)
United States
June 16, 2011 4:54pm CST
Here's the situation: I was car shopping, seriously considering buying a car at 2 different dealerships. I filled out a credit application at both places where so I could get my vehicle as soon as possible once the decision was made. Now the problem is that the dealer whose car I did not choose was ticked off at me and declined my credit application. Now I am worried the declined application will damage my credit rating. Any advice?
3 responses
@millertime (1398)
• United States
19 Jun 11
If the guy declined your credit application just out of spite and not because of your credit, you should file a complaint with the Better Business Bureau. I can guarantee they will take that seriously and want to make it right. You can insist on them notifying the credit reporting agencies that you weren't denied credit. They won't want an outstanding, unresolved complaint against them at the BBB.
@clrumfelt (5421)
• United States
19 Jun 11
Thanks. I think the BBB would be very interested in knowing a business owner would try that against someone.
• United States
16 Jun 11
I don't think it works that way. I think your application will be approved by the other dealer if your credit is good.
1 person likes this
@clrumfelt (5421)
• United States
16 Jun 11
That makes a lot of sense. Thanks for your advice.
• United States
16 Jun 11
I don't think a declined application will have an effect on your credit rating. I think the number you're ranked with speaks for itself. My stepdad is in the car business and he says that it was wrong of the guy to do that to you. You should probably call in a complaint about it. I wouldn't put up with that crap, I don't think you should either.
1 person likes this
@clrumfelt (5421)
• United States
16 Jun 11
Thanks for your advice. And tell your stepdad thanks, too.:)