CNH Finance

[b33b]

Thought I was being smart by applying for loan approval and then seeing which dealer had the best offer. Plus I wanted to use the 0%/60 months 'special' on the 1520 that ends next week. So I did the online app and faxed a signed copy in this morning

Just got a call from CNH saying they couldn't process the app because it needs to go through a dealer and have prices and serial numbers on the application.

I thought some of you had applied directly to keep your financial numbers away from the local dealer. Any suggestions?

Thanks

 

[Ford850]

I applied through my dealer, but he specifically told me to leave most of ithe application blank. He said the finance company will pull all the necessary numbers from their end anyway.

 

[garth466]

If your credit is golden, all they usually care about is having your SSN with consumer borrowing. Everything else comes up for them to see with that number.

 

[b33b]

No problems with credit, just running out of time when the 60 month offer expires at the end of the month.

CNH said a dealer usually has an answer in 20-30 minutes, so it can't be more than just a quick check based on ssn. Not sure why they offer an online app unless it is for existing customers. Kubota says print and take to a dealer.

 

[BigMac]

On the credit apps, they need to be filed electronically at the dealer so that CNH knows how much money you are requesting on the loan and that your down payment falls within the proper range. T1520 is a nice tractor and 60 months interest free is awesome. Good Luck with your purchase.

 

[b33b]

Thanks BigMac. The T1520 size and layout feels better to me than the Kubota L3400 though the specs are very close. Local NH/Kubota dealer asked me how I knew about the 1520, they haven't had one all summer and just got one in.

60 months gets the payment under $300 and a backhoe for $100+ more with the flexibility to pay more and be done sooner.