15+ Unique Ways Whats Tier One Credit. Michael dalton for ny post. Basically, this tier encompasses borrowers with the best credit scores.
Tier 1 credit is the highest level of credit for automobile financing, meaning buyers with tier 1 credit get the best interest rates, lower monthly payments and better loan terms, according to autobytel. “a tier 1 credit score is typically defined as a credit score of 750 or higher, although this may change slightly from lender to lender. Depending on your credit habits and possibly other factors such as income, you may have tier 1, tier 2, tier 3 or worse credit by a lender's standards.