Car loan taking a while to fund.

[jb1231]

I just purchased a car last week. I ended up not having to use Capital One blank check since dealer offered lower rate. However, I'm wondering how long the loan process is supposed to take.

[davedude]

Typically with not so good credit funding a loan could take a couple of days... However car dealerships love to play that game where they call you and ask you to come back in and usually offer you a higher interest rate.

They want to sell a car but don't want you driving it for free if they believe finance will fall threw ... so sit tight - everythings probably cool!

[jb1231]

Oh I see.

[jb1231]

Honda denied me. I still have my Capital One blank check but fear that it won't work because of that Loan to Value clause. I guess it's back to the bus for me.