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.
Credit Guidelines. Credit scores range from about 300 to 850. According to Freddie Mac and Fannie Mae, which purchase mortgages from banks and resell them to investors, a FICO score above 620 is considered good.However, says Fair Isaac, A 620 score doesn't mean you're going to qualify for the best rate. credit score below 620 is considered subprime. The subprime lending category is for borrowers whom the lender determines to be risky loan candidates. Scores that fall short of 620 may bring about lender investigation. Applicants will be required to provide additional documentation to prove their creditworthiness.