Financing Kubota financing app says pended

[rxdad2012]

So I finally decided to pull the trigger on a Kubota bx23s and hoped to take advantage of their awesome finance rates. I have more than adequate income (im in healthcare) and a pretty decent score right now (700). When i sent the app in, i got an email back that says 菟ended and to contact my local dealer. Is this a NO? Anybody experienced this before? Do they just need to verify income or identity, etc?

Thanks in advance

 

[GeoMart]

When I applied I was told to go through a dealer, went through the dealer and had approval in 15minutes. I’m sure the dealer makes some points on the loan even at 0 %, plus they will tell you you have to take the Kubota insurance which is not necessarily the case- the dealers do in fact make a few points on the insurance.
I used my homeowners making sure everything was covered the same-$70 a yr vs $250 yr or so. Not a lot but over 7 yrs...

 

[nickjoky]

When I applied I was told to go through a dealer, went through the dealer and had approval in 15minutes. I’m sure the dealer makes some points on the loan even at 0 %, read more, plus they will tell you you have to take the Kubota insurance which is not necessarily the case- the dealers do in fact make a few points on the insurance.
I used my homeowners making sure everything was covered the same-$70 a yr vs $250 yr or so. Not a lot but over 7 yrs...

Thank you for sharing your experience. I would like to know more about how to work with dealer and have the loan even at 0 %. And how to get insurance cheaper

 

[RjCorazza]

Kubota usually has zero percent financing, and do now for the tractor models I looked at. I have financed 2 tractors through Kubota credit, and it has been a seamless experience.

As far as insurance, yes, they do require insurance... not necessarily theirs. My homeowner's policy was adequate. The Kubota insurance is considerably better, in that it covers practically anything. I believe it also includes equal tractor replacement for a total loss, but don't quote me on that.