Originally Posted by MouSe
So the dealer told me yesterday that my credit score was mid-600s. I just looked at my credit monitoring service and that was way wrong. What do I do?
Every Credit Rating system is different, really depending on the Institution. And each can go back further "extra legally" and use different criteria than allowed by the Big 3. But not anything you can do about it. The Dealers can alos fudge the report without diclosing to you the actual report for bigger down payment/interest. Not alot you can do about that either. It'* a bit more governed in the housing industry. The best thing you can do is give them your credit rating as disclosed to you and insist on a better deal, or move on to another Dealer. Also remember any inclusion of a mate/cosigner with credit lower than yours will sour the deal. And that'* across the board.