NH Financing

[bmac]

I'm afraid I'm becoming a royal PITA with all of these questions. But, does anyone know how long it takes to get the NH financing approved? Is it something measured in hours or days?

Thanks,

Bruce

 

[tc35dforme]

Mine was approved before I got home...1 hour. I really comes down to whether you're a good boy paying your bills.

I would suspect that how much you're putting down has a factor in it too. If you through $ 5000 of your own cash in, they realize your pretty serious.

 

[Anonymous Poster]

When I applied, it was over the phone, the dealer just put in my name and SSN. He never stopped for any period of time for the approval. I was ready to go by the time we got off of the phone. I was also putting down about 5k, so I don't know if that makes a difference.
Rob

 

[Mark_in_NH]

I concur with the others.
I was approved within an hour or less of applying. Now whether or not my $8K down payment made NH credit respond faster, I don't know !!!

 

[Anonymous Poster]

I also put down $5K and was approved very quickly. My dealer did ask me to fill in a detailed application form, but I suspect it was because they're the tpe of dealer that likes to have every "i" dotted and every "t" crossed. I dropped the app off at the desk about 4 PM one day, and they called me at 8 AM the next day to say it was approved.

I got in on the last 0% deal, which may or may not have been extended. But, I got 0% for 3 years - I could have paid cash for the tractor, but when they offer me "3 years same as cash" I couldn't resist. There was a fee to set up the financing (I've never seen a financing deal where there wasn't a fee), and I did have to pay for a supplemental insurance policy that covers the tractor's pay off in case it is damaged or destroyed. I suppose if I was a sharper negotiator, I might have gotten rid of one or both of those, but there you are - they sounded like reasonable fees to me, so I paid them.