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How will a fraud alert on my credit report affect financing a new car?

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robert o asked:


I plan on buying a new car within the next month or so. I recently received a notice that I now have a fraud alert on my credit report and the Equifax was going to send the same to the other 2 bureaus.

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3 Responses to “How will a fraud alert on my credit report affect financing a new car?”

  1. 12pleze Says:

    Unless yopu can get proof that fraud was not justified then you will not get financed by any bank.

  2. Ed Atun Says:

    You can not finance a car while the alert is on..

  3. Bill U Says:

    Tell them that more than one person can have the same name and any more of this bad credit crep and you are going to sue them all big time in the supreme court

    Also, a good resource is this one…

    Good luck.

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