Honda Makes it Easier to Finance Your New Acura

Posted on 10 March 2009 by AcuraBoard.com

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During a time of banking scandals, tightening budgetary belts and declining auto sales, Honda Finance is allegedely making it easier to finance or lease your new Acura. While Acura sales decline proportionate to industry average, Honda Financial services has chosen to ease restrictions on lending, yet, they’ve chosen to not publicize the effort.

In the past in order to receive Hondas tier one lease/buy rates you had to have a credit score of 720 or above and Honda Financial Service would consider you a “Super Preferred”. The next level was referred to as “Preferred” and included anyone with a credit score between 660 to 719.

They have now taken the “Preferred” away and replaced it with only “Super Preferred” and now in order to get the best lease/buy rates from Honda all you need is a 660 or above and a good payment history and credit to debt factor.

This is a good thing in today’s market because a lot of people who had scores of 740 now have 680 or 700 because of their house value dropping. Honda once again comes through for the average person.

Now get out there and buy or lease your new Acura!

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