The Driving Edge

I’m wondering if it is possible to be approved for 2 auto loans in one month? I need a car for myself, because i am going to let my wife have the vehicle i am using. Another problem is, my son needs a car as well. Is it possible to get financed for 2 cars in one month, or is it impossible? Wouldn’t it show up to the lendor that their is already a vehicle financed? Wouldn’t it be a good idea to go to 2 different banks or lendors for the financing? It would not be viable to apply for 2 auto loans from one company would it? So basically my question is this. Is it possible to be approved for 2 auto loans from 2 different lendor’s in one month? I’m confused on how it works and if it’s not possible, what would be another viable option?

I hope this makes sense,
Any info is greatly apreciated.

Thank you.
My credit is not spotless by any means (i was young) But i do have a credit score in the 700’s. I make about 100-120k a year. Paying for both loans for both cars really wouldn’t be a problem. Also, does it help at all from the lendor’s that i work for the Government? I would like to be able to get financed for both cars, so i don’t have to make a down payment on either car. So i can just pay outright for both cars. I don’t want to do anything sketchy or illegal, that’s not me. How if it’s possible, would i go about getting both auto loans? Would i need to tell both lendor’s that i have another loan from another bank for it to be legal? I’m just not sure of how to go about it.

Again any info is greatly apreciated.

Thank you

I’m trying to discover the # of US home mortgages and auto loans financed by banks in the US and the average value of each type of loan. It’s for a school project.