One Car Loan Request Accepted, Another Rejected?

 

Dear Driving for Dollars,
I bought a new car about a month ago. The finance guy at the dealership got car loan rate quotes from several lenders. He presented them to us and we selected one. In today's mail, I received a rejection letter from another bank stating it could not approve my loan.

Read more: http://www.foxbusiness.com/personal-finance/2013/05/03/one-car-loan-request-accepted-another-rejected/#ixzz2SHGuS6ko

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