If I just recently had an auto loan w/ my credit union within 3 months will they need to run my credit again?


Question:
I was in a car accident and my insurance company paid off the loan.

Answer:
To get another vehicle? My company wouldn't if it was only 3 months ago, we would just have you fill out another credit application. Especially if your loan was paid off, it shows you're responsible and had full coverage. There is no reason to add an unnecessary inquiry to your bureau.
more than likely they will run the credit check again.bummer u had an accident tho:( hope ur ok:)
Ya they'll have to run it if your buying another one, but it won't damage your credit score especially if you just paid one out with insurance money.
they shouldn't have no need to do this,after all the original loan is paid off so there's no reason for them to have to do this,but if there's any way they can do something that they can charge you for they,ll figure out a way to do it,your old debt is paid,so it should be fine,good luck ,i hope this helps.
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