kioti finace

[harry trattner]

has anyone out there used kioti finace,and if so was the process easy without a problem fast,or were they tough to deal with i.e. to get approval cause your not a farmer(just a home owner)/is there zero down tough to get .I think they use ag-credit/ge capital not sure.thanks

 

[gkm]

Kioti finance is a piece of cake. I went to the dealer on Sat. morning and was out the door in 1 hr. If you go on Sat, GE is the only financing option on that day (if you want the tractor immediately). That said, financing is exactly the same as agri credit, i.e., finance rates.

Greg

 

[bluechip]

Yes, either company will finance full time farmer or homeowner. of course reasonable credit is required.

 

[mark.r]

I used it for my DK45 and it has been flawless. We had the tractor at the house the same day. GE Money Bank is the financier as previously mentioned.

 

[flysktr1]

Piece of cake for me too. I was about 3 miles from dealer and I recieved a call that my credit was approved.

 

[BTI]

It can be GE or AGricredit.
The financing is usually very smooth.
IF you have decent credit.
They aren't very forgiving of bad credit combined with low down payment.
If you have decent credit you should not have any trouble.

BTI

 

[crabjoe]

It can be GE or AGricredit.
The financing is usually very smooth.
IF you have decent credit.
They aren't very forgiving of bad credit combined with low down payment.
If you have decent credit you should not have any trouble.

BTI

What do they consider decent credit? Is decent in the upper 600's or does one need to be in the 720 FICO area, like for a mortgage?

Do you know what credit bureau they use? I haven't pulled my FICO in over a year and I'd like to pull it to get an idea of where I stand. I usually pull my Equifax FICO, but if I know these folks are using one of the other 2, I'll pull them instead.

BTW, for those of you wondering about credit scores, be careful of what score your looking at. FICO is the standard for credit scores and these reporting agencies like to sell they're own scoring system. If you use Myfico.com, you'll be sure to get a FICO score. If you use credit bureau's site to get your score, make sure you're getting FICO.

Even though you might pull the wrong type of score by going directly to the credit bureau, you'll be better of if you see a problem with your credit. The reason is because you can dispute them right on the site. Using MyFico makes disputes harder.

One thing to remember is that pulling your credit yourself will not affect your score, but if you have a dealer or someone else pull it for you, your score will drop a bit. I can tell you that whenever I've pulled my own FICO score, it's been dead on with what these companies pulled when I went for the loan. Mortgages, Car loans, etc..., my score was dead on what what they pulled. This makes it really easy for the dealer/load officer to tell you how you'll fair on a loan without them pulling your credit (remember them pulling your credit will reduce your score).

 

[harry trattner]

thanks to all that have responded to my e-mail ,I was approved today and I will take delivery of my 2006ck20 hst w/7.2 hours on it /fel/box/+ Rear single hydraulic value .all otd price $12,778.46 either tuseday/wed. of the next week.I will probably ask alot of questions on the web page ,so please any help would be kindly taken.Harry ,Tehachapi,Ca ps as for my fico score ,801.

 

[Harvey7]

Harry

That's a great price, I wish we could get that kind of deal in Canada, especially with the Canadian dollar the way it is.

 

[crabjoe]

ps as for my fico score ,801.

Do you know what credit bureau they pulled from?

BTW, with that score, you're going to be calling the shots with financing. A seller will probably give you better pre-sales service and maybe even a better price because they know the $$$$'s are there.

 

[BTI]

Crabjoe, we have never asked them exactly what score you need.
Most of our customers don't know their score.
The company doesn't share the info with us (we've never asked).
We turn in the app's and they tell us "yes" or "no".
When they send the confirmation back it may have a higher down payment on it that what we originally turned in.
I'm sure this is based on their score, in some way.

BTI

 

[harry trattner]

Look, I was not trying to out-do anyone ,I just thought that since someone was posting a reply to my post w/ info on fico scores, I asked the company my score(you should have that right to ask!)and I posted it on my reply.Oh by the way it took 24 hours to get approved,kioti must be busy.I will post more when I take delivery of the tractor,by to all.Harry

 

[BTI]

If the app isn't turned in until after 5 or they have a large load, it sometimes takes longer.
If we have the customer there we tell them we have the customer waiting.
We have had answers back in 15 mins lots of times.
Sometimes it's taken a couple hrs or more.

You as a the customer have a right to ask anything you like.
We are a dealer so we don't ask anything more personal than we have to.
If the customer asks for it we will find out anything we are allowed to know for them, or they can speak directly to the company.
Kioti uses Agricredit and GE for their financing.

BTI

 

[harry trattner]

thankyou for your reply,I understand now,thanks Harry