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Full Version: Ford lowering credit standards for 0.0% APR
CreditBoards > Financing > Automotive Financing
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.
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