If you’re in the market for a car now, knowing your credit score isn’t going to help, since there’s not enough time for you to take the actions necessary to improve it. On the other hand, if you’re not planning on getting a new car for a while, there may be some steps you can take to improve your loan eligibility.
http://www.consumerreports.org/cro/2012/12/how-to-get-the-best-car-loan/index.htm
As with your credit score, you have a different report from each of the three credit bureaus. If you’ve ever had a bank loan or credit card, information regarding your account activity will appear on your reports. You can expect to find four categories of information in your credit reports: Personal information.
http://www.consumerreports.org/cro/2012/12/how-to-get-the-best-car-loan/index.htm
car lenders specifically pull an auto based bureau. housing pulls a housing based bureau. when you pull your own credit it is a general bureau, not focused towards any specific lending institution. we pull equifax 5.0 auto, and transunion auto 04 which is what most of my lenders use. but you wont be able to pull those w/out dealers licenses.
https://answers.yahoo.com/question/index?qid=20070221085840AAh6Uao
chrysler defaults to transunion, toyota defaults to equifax. wells fargo defaults to transunion but all three will use the other two bureaus. in louisiana experian is the default bureau for most lenders.
https://answers.yahoo.com/question/index?qid=20070221085840AAh6Uao
Best Answer: both of those answers are wrong. there are three credit bureaus yes. equifax, transunion and experian. there is no set answer as to which bureau do dealers use.
https://answers.yahoo.com/question/index?qid=20070221085840AAh6Uao
Try to keep the length of the loan as short as you can afford. A three-year loan costs far less overall than a five-year loan. For example, if you borrow $15,000 at a 6.5 percent APR for 36 months, your monthly payment will be $460, and the total interest will be $1,550.
http://www.consumerreports.org/cro/2012/12/how-to-get-the-best-car-loan/index.htm
Where to shop for an auto loan. Walking into a dealership with a guaranteed auto loan in your hand gives you bargaining power and flexibility. It also helps you avoid the common sales tactic of mixing up the vehicle price with financing costs.
http://www.consumerreports.org/cro/2012/12/how-to-get-the-best-car-loan/index.htm
How to protect yourself in the credit-score shell game. 1. Demand to see the actual proprietary score used before you agree to a loan or an insurance policy. You have the most leverage to get the truth before the deal is sealed.
http://www.consumerreports.org/cro/magazine/2013/07/don-t-buy-useless-credit-scores/index.htm
Don’t buy useless credit scores. Your FICO score isn't what car dealers, mortgage lenders, and others use. Fair Isaac, the company that invented FICO credit scores in 1958, derides its competitors as “FAKO” imitators because their scores aren’t the ones used by lenders in their credit-making decisions.
http://www.consumerreports.org/cro/magazine/2013/07/don-t-buy-useless-credit-scores/index.htm
The best rates you’ll see advertised online, in newspapers, or elsewhere often require that you have a top credit score. Your score will help determine the interest rate a lender will charge you (or whether you’ll be able to get an auto loan at all).
http://www.consumerreports.org/cro/2012/12/how-to-get-the-best-car-loan/index.htm
which credit bureau is used the most for auto loans
Equifax, transunion and experian credit bureau has used the most of auto loans. Equifax, TransUnion, and Experian are the credit bureau that is used the most for auto loans.