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Subprime Credit

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business3 months ago

Ford Offers Lower Rates to Subprime Buyers to Boost F-150 Sales

Ford is offering special financing rates to buyers with lower credit scores (below 620) to boost F-150 sales before the end of Q3, aiming to make vehicles more affordable despite the higher risk associated with subprime lending. This move aligns with industry trends as automakers like Stellantis and General Motors also provide low-interest deals to attract buyers amid rising vehicle prices and high interest rates.