Ford lowering credit standards for 0.0% APR

[gator_shawn]

I don't have a link but CNBC mentioned earlier today that Ford is lowering the standards for their 0.0% APR financing.

 

Anyone know anything about it? Marv?

 

I assume it was 720 or 750 before. I wonder how low they go.

 

Does anyone know what score Ford Motor Credit typically deals with?

[BrandyLynn]

i wonder if this will change things for the Mazdas, too.

[MrMarty]

I just posted a link to the story a few minutes ago. See my post on the same subject.

 

MrMarty

[MarvBear]

fairly common to relax internal score card as a temp boost to sell more vehicles.

[Guinness84]

WOW I will be watching to see if anyone here 'dips their toes in the water' so to speak at a Ford dealer and how it goes for them - have been interested in getting a 4 door Focus anyway, but was going to wait until 6 months out of BK before even trying (late September). Have put some small charges on a Lowes card that survived the BK as well as the Hooters card, and paid 2/3x the minimum each month to try to boost scores 'a little'.

 

Please post if you have success with this...!!

[MonaCK]

Hi there - newbie.

 

Back 2 years ago when my credit was "decent" - scores in the mid 600's - I was able to get a ford vehicle with like 0.25% financing.