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.
Your position on the credit score scale is usually figured by using a formula that takes into account the following information (and Iâve included how much emphasis your FICO score places on each): 1  35% Payment history on loans and credit cards.2  30% How much of your available credit you are using.ow, many lenders want to see a score of at least 720 to offer you the best deal. Generally, though, a credit score below 600 is considered quite poor. If you score between 650 and 699, you are considered to have be in the fair to good range.