Question about financing

[HogBlood]

What is the minimum credit score for financing a Atv/Utv?

[flywise]

Im sure it does not have to be very good.......but is it a good idea? Thats another question

[texasdeerhunter]

There isn't a set minimum per say, it will just come down to each individual lender and what they decide their risk level is based on the credit score and credit report. Lower credit score typically means higher interest rates

[perow]

Will also depend on your debt to income ratio

[Playa]

In my life, when my credit score was marginal, it was generally because I had previously financed things I really didn't need....

[gingib]

If you have to ask you don't need a UTV

[Hart8]

Not very good.My nephew financed one a few years ago,and he didn't even have a job.

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[HogBlood]

The only debt I have is my mortgage my credit score is in the high seven hundreds I plan to put cash down.
A guy I work with here in my office was telling me that you must have a score of at least 790 or better but I almost forgot he is also our company idiot. I figured what he was saying was b.s.

[jlp04c]

The only debt I have is my mortgage my credit score is in the high seven hundreds I plan to put cash down.
A guy I work with here in my office was telling me that you must have a score of at least 790 or better but I almost forgot he is also our company idiot. I figured what he was saying was b.s.

There is absolutely no way a 790 is a minimum credit score for financing a UTV.. that would seriously eliminate 7/8 of the rednecks that currently own them!

[gingib]

I almost forgot he is also our company idiot. I figured what he was saying was b.s.

You said it best!!!!

[Hart8]

Lol,I think I work with the rest of his family!

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[Playa]

The only debt I have is my mortgage my credit score is in the high seven hundreds I plan to put cash down.
A guy I work with here in my office was telling me that you must have a score of at least 790 or better but I almost forgot he is also our company idiot. I figured what he was saying was b.s.

I'm thinking he doesent know how credit scoring works

[twosixteens]

790 would eliminate nearly 90% of the people in the US.

[Texastaxi]

Financing an ATV is like financing a vacation ... if you can't pay cash for it, you really don't need it.

[Skinny]

Financing an ATV is like financing a vacation ... if you can't pay cash for it, you really don't need it.

You're as right as you are tall. Half. [emoji23]


If you are needing a unit to use daily around your farm or ranch, then I don't see an issue with financing one. I financed my Ranger and got a good rate. It's basically a small car payment. Saves my truck some abuse, and the kids love it! You don't live on a ranch with kids and not have an ATV/UTV imo. We get as much fun outta my Ranger as we do work...mine gets used everyday for ranch chores, hunting, running around, etc.

No way would I finance one to sit in my garage for the majority of the year.




Skinny