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Why is my car loan taking so long to process?
Why is my car loan taking so long to process? I purchased a car at the dealership and the dealer said my financing was approved. However, it's been five days and the loan is still listed as "pending."
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
You might not have
brought all the paperwork
, you could be a borderline acceptance candidate, or your application could have fallen on a holiday.There are many reasons why this might be delayed, but don’t stress. Until you have the final word, getting worked up about it is a fruitless venture.”
View full answer
- Gregory R.
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