Applying for Financing Pre-Approval Won't Adversely Affect Your Credit Score

Few things are as important and mysterious in our lives than our credit scores. That three-digit number affects so much--everything from credit cards, loans, mortgages, and even job applications. Of course, it also affects your car financing as well.

Filling out the Lithia Chrysler Jeep Dodge of Billings short finance application is an important step of the process for car shoppers from Bozeman, MT, to Sheridan, WY. It's fast, convenient, and best of all, won't lower your credit score!

The Important Difference Between 'Hard' and 'Soft' Credit Inquiries

Pre-approval forms like our short finance application are what are known as 'soft' inquiries. It simply determines if you're pre-qualified. Credit card companies do this before sending you "pre-qualified" offers, often without your permission, which is why you see those offers in the mail, even if you didn't request them. These inquiries don't show up on your credit score.

"Hard" inquiries are the kind that do affect your score. These include apartment rental, mortgage, and credit card applications. Anytime you request funds from a bank or other lending institution, your credit score will be affected.

Lithia Chrysler Jeep Dodge of Billings is Happily Works with All Customers!

Drivers from Cody, WY, to Miles City, MT, know that our selection of new   and pre-owned inventory is second-to-none in the area. We have the car, truck, SUV, or van that will precisely meet your needs.

The best part is, we have tools available to help you get an idea of your payment. Check out our trade-in calculator to estimate the value of your current car. You can use our financing calculator to see what terms will fit within your budget.

Soft credit applications are nothing to fear. Fill out our form, and come see us when you're ready to drive home your next new or used vehicle! If you have any questions, please contact the dealership.