What credit rating do you need for Ford financing?

 

At Evansville Ford, we understand that finding the right auto financing option is an essential part of the car-buying journey. When you visit our Madison Ford dealer, you’ll experience a seamless and supportive environment where our dedicated finance team is ready to assist you every step of the way. Whether you’re a first-time buyer, have unique credit circumstances, or simply want to explore the best financing options available, we’re here to guide you through the process of financing a car. With our extensive network of lenders and our commitment to finding competitive rates and terms, we’ll work diligently to help you secure a Ford Motor Credit financing plan that fits your budget and puts you behind the wheel of your dream car. Visit us at Evansville Ford today and let us make your car financing experience stress-free and rewarding. Your satisfaction is our priority, and we’re excited to help you drive home in the vehicle you desire.

Ford Motor Credit Company, the financing division of Ford, considers various factors when determining eligibility for financing a car, including credit history, income, and debt-to-income ratio. While there is no specific credit rating required for Ford financing, having a good credit score generally improves your chances of obtaining favorable auto financing terms. A good credit score typically falls within the range of 670 to 739 or higher, according to the FICO credit scoring model. However, Ford Motor Credit offers options for customers with varying credit backgrounds to finance a car, including those with lower credit scores or limited credit history. It’s important to note that specific financing terms and eligibility may vary based on individual circumstances, such as income and down payment amount. To determine the Ford financing offers available to you, it’s advisable to visit our Madison Ford dealership or contact Ford Motor Credit directly, as we can provide personalized guidance based on your specific financial situation. Stop by our showroom today – Evansville Ford can’t wait to help you secure your next Ford financing special!