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Established Member
Neutron1998
Posts: 38
Registered: ‎11-29-2010

Ford Credit Criteria

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‎03-28-2011 07:10 AM

Does anyone know what Ford Credit's criteria are for getting a loan approval?

 

FICO score, DTI, util, etc?

 

Do they also use the auto enhanced FICO?

 

What Tiers do they have?

 

 

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Established Member
blackarsenic
Posts: 19
Registered: ‎05-21-2010

Re: Ford Credit Criteria

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‎03-28-2011 11:54 AM

would i like to know too.

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usmc58555
Posts: 1,673
Registered: ‎02-18-2009

Re: Ford Credit Criteria

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‎03-28-2011 03:20 PM

Neutron1998 wrote:

Does anyone know what Ford Credit's criteria are for getting a loan approval?

 

FICO score, DTI, util, etc?

 

Do they also use the auto enhanced FICO?

 

What Tiers do they have?

 

 

they use auto enhanced.

 

you need a $1800+ a month gros income minimum.

You need a decent DTI

 

No idea on thei rtiers, I am assuming you are going for a preferred rate?


if you are high 600s with established history and a downpayment should do you, as your score goes higher you would need less.

Signature line begins:
Credit is not a right, but a business transaction, one that takes into account risk, and charges accordingly based on that risk.
Your credit score is an aspect of your credit profile. Important? yes but just an aspect. Contributing/supplemental information determines the finer point of the deal. Ask any question, respect me not to get mad if the answer is not the affirmation you are looking for,
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