Competency requirements may be met with high school work, college work or test scores. These requirements must be met regardless of your major or the number of transferable hours you have earned. Students must earn a minimum of a 2.00 GPA in each competency area.
Answer Wiki. A well-qualified lessee is going to be someone with Tier 1 (very strong) credit. Typically a Tier 1 will be someone with a credit score above 720+ (at the minimum) but that varies by bank. These lease offers you mention are typically special rates or money factors being offered only through the manunfacturer's bank and every bank will have their own definition of what Tier 1 credit is.
FICO scores range from 300 to 850, with anything above 780 considered very good and anything below 600 considered fair to bad. Your credit score is important because it is used by lenders to determine not only whether youâll get a car loan, mortgage or credit card, but also how high of an interest rate youâll pay.