Asked: December 18, 20202020-12-18T14:13:09+00:00 2020-12-18T14:13:09+00:00 Can a car loan be denied after approval? Amelia 431 Questions 0 Answers 0 Best Answers 0 Points View Profile Amelia Can a car loan be denied after approval? carsquestion 1 Answer Voted Oldest Recent Archie 0 Questions 303 Answers 0 Best Answers 0 Points View Profile Archie 2020-12-18T14:13:48+00:00Added an answer on December 18, 2020 at 2:13 pm Yes, a car loan can be denied after getting approved and this unfortunate situation can be caused due to a variety of reasons. You might be pre-approved for the dealership but when the bank inspected your financial condition closely and find you ineligible for the loan then they have the right to cancel deny the car loan. Also, if you make late payments one or more times your car loan can be denied after the approval. You also need to make sure that your credit score is below the required loan otherwise, this can also be the reason. 0 Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp Leave an answerLeave an answerCancel reply Attachment Select file Browse Featured image Select file Browse Save my name, email, and website in this browser for the next time I comment.