🚗✨ Let’s get into it…
I know car dealerships look shiny, flashy, and convenient when you’re in the market for a new ride — but if you’re not careful, that “dream car” can quickly turn into a financial nightmare. 😩
I don’t tell my clients to avoid dealerships because I don’t like them… I tell them to avoid them because I know the game — and the game is rigged against people who don’t know better. 🎯
Here’s the truth:
When you walk into a dealership ready to buy, what happens next is called a “shotgun” on your credit file. That means the dealership blasts your information out to 10–30 different lenders trying to get you approved. Boom 💥— your credit report is now full of inquiries.
And guess what they’ll tell you?
“Oh don’t worry, it all counts as one.”
❌ LIES.
I’ve been in this industry for decades and I’ve reviewed more credit reports than I can count. Thirty inquiries will absolutely hurt your credit score. Period. 📉
Instead, I tell my clients — go to your credit union first. 🏦 I personally love Navy Federal and have sent plenty of my family and clients there. Here’s why:
✅ One inquiry only
✅ Pre-approval with low interest rates
✅ No required down payment
✅ You walk in with a check ready to buy
That means you’re in control — not the F&I manager trying to hustle you for every dollar. 💼
When you’re pre-approved by your credit union, you stroll into that dealership like the boss you are. 💅🏽
And let me clear up another big myth:
When you put a down payment on a car at a dealership, that money doesn’t always get applied to the cost of the vehicle like you think it does. 😒
If your car is $50,000 and you put $5,000 down — your remaining balance may still be $50,000. That down payment? It may have just padded someone’s bonus check. 💸
This is the dirty truth they never disclose clearly in the contracts. It’s buried in legal jargon, and most folks never even see it coming. 🧾
Who does this hurt most?
🚫 People with bad credit
🚫 People in desperate situations
🚫 People living paycheck to paycheck
🚫 People who don’t read the fine print
🚫 People who just say “I don’t want my payment over $550”
These are the ones who can least afford to be victimized — and yet they’re the ones getting played the most. 😞
💡 Having great credit is not just about your score — it’s about owning your financial power.
When you have excellent credit, you call the shots.
When you don’t… you get violated by the system. 💔
So stop making emotional or urgent purchases with bad credit — it’ll cost you. Bad.
Before you go car shopping — get your credit in order!
👉🏽 Go to www.CreditLady.info to schedule your FREE consultation and get the knowledge and help you deserve.
I don’t want you to just buy a car.
I want you to buy smart and walk in with power.
With Power, Prosperity & Purpose,
Monique Macklin
The Pink Power CEO™ 💖🦋
Disrupting Poverty, Rebuilding Power & Rewiring Mindsets
Helping You Make, Manage & Multiply Money
🌐 www.MoniqueMacklin.com | www.PinkPowerCEO.com | www.CreditLadyGems.com
📞 Toll-Free: 888-718-6818
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