What do you need to qualify for Ford Credit? Applicants with a credit score of at least 650 and up to 850 may be eligible for Ford Credit. The minimum age to be eligible is 18 or the state minimum, whichever is higher. Ford Credit does not have or does not disclose a minimum annual income eligibility requirement.
Does Ford finance bad credit?
Ford has removed its minimum FICO requirement for 84-month financing, according to a bulletin sent this week to dealers. While 84-month loans aren't for everyone, the change could enable consumers to no longer feel limited by their credit score in the same way as in the past when buying a new Ford car or truck.Oct 8, 2021
What bank does Ford Credit use?
Type Subsidiary
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Products Automobile financing
Revenue US$ 8.996 billion (2014)
Operating income US$ 1.854 billion (2014)
Net income US$ 1.705 billion (2014)
What credit score do Ford dealers use?
Ford offers loan options for a range of credit scores, but the average customer had a 739 FICO Score in 2020. You could see if you qualify by applying for Ford Credit online.Feb 26, 2021
Does Ford deal with bad credit?
It is our goal to ensure you have a pleasant and hassle-free experience when financing a new or pre-owned car, whether you are credit challenged, have bad credit, or no credit at all. You should never be turned away just because of past payment history and will always be treated like a valued customer.