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 Scores. Auto lenders and lessors examine your credit scores when determining the interest rate on your loan or lease. Your credit score ranges from 300 to 850. Having a higher credit score qualifies you for a lower interest rate -- which translates to a lower monthly payment.Typically, a score of 700 or higher indicates to the lender that you deserve their best rates.If your score is above 680, but below 700, your rate may rise a little, around 1 to 2 percent higher than the best rate.aving a higher credit score qualifies you for a lower interest rate -- which translates to a lower monthly payment. Typically, a score of 700 or higher indicates to the lender that you deserve their best rates.