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Is there any way to get denied a car loan after you've been preapproved?
"Can your car loan get denied after pre approval? I've already been pre approved for a loan, but I'm worried that it won't go through because I lost my job."
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“Pre approval provides no guarantee that you’ll actually get the loan. It only gives you an idea of what you can spend and your expected interest rate.
You can certainly be denied for a car loan even if you’ve been pre approved.
If you are denied, consider:
View full answer
- Gregory R.
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