Polaris Credit Score Minimum & Other Financing Requirements

Minimum Credit Score for Polaris Financing

Polaris offers several financing options for its all-terrain vehicles, including four loan choices.

We contacted corporate and retail customer service representatives for more information about financing requirements; we were told that regardless of which financing option you choose, the minimum credit score for approval is typically about 700. (Lenders and credit bureaus commonly consider this the threshold for “good” credit.)

However, some customers and retail customer service representatives report approval with credit scores in the high 600s.

Below, we detail the different types of financing available at Polaris, plus interest rates and requirements for each.

Polaris Loan Options

Polaris offers loans through four lenders: Sheffield Financial, Synchrony Financial, Performance Finance, and Octane Lending.

All four loan options offer fixed terms and interest rates, with Performance Finance offering extended term options.^[1]

The price of the vehicle and whether or not you make a down payment will determine the length of the loan, customer service representatives said.

The application and approval process will take place at the point of sale whether you’re applying online or in person. Polaris will approve or decline your application for financing once you submit your information.

To apply for financing, you will need to note the dealer and vehicle as well as whether you are an individual or a joint applicant.

Loan Requirements

Polaris gathers information from each applicant in consideration for approval to give them the best chance it can for receiving a loan.

Each applicant must provide the following information when applying for a loan at Polaris:

• Social Security number
• Name
• Current address
• Phone number
• Date of birth
• Email address
• Resident status
• Rent or house payment amount
• Number of years at your home
• Work phone number
• Employer name and city
• Number of years employed
• Monthly gross salary
• Your nearest relative’s name, city and state of residence, and phone number

Interest Rates

Customers with at least a “good” credit score have the best chance for approval, with a lower interest rate for loans beginning at around 4.99%.

However, customers with lower credit scores who are approved for a loan will have much higher interest rates.^[2]

For more on financing for Powersports vehicles, see our research on the minimum credit score required for Yamaha financing.