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Before you can get approved to lease a car, the dealer will check your credit score. According to Experian, the average credit score among consumers who leased a car in the second quarter of 2020 ...
For those seeking to lease a car, a good credit rating will help lower the money factor. To understand the money factor in terms of an annual percentage rate, or APR, multiply it by 2,400.
Minimum credit score. No credit required to purchase with Acima Leasing. Approval based on your income. Lease amount. $300 to $4000, pending approval.
People with very poor credit have a VantageScore between 300 to 499, people with poor credit have a score between 500 to 600, people with fair credit have scores between 601 to 660 and good credit ...
It’s tough to lease a car with no credit or bad credit, but you do have options.
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