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Extended warranties, maintenance contracts, or GAP insurance are not eligible soft expenses. Also, a request to finance soft charges applies only when borrower is financing passenger automobiles, industrial autos, construction gear or agriculture gear. Request by borrower to finance any other type of equipment is not eligible for soft cost financin… Read More


Moody's has nine rating categories, from Aaa to C, and S&P has ten rating categories, from AAA to D. Ratings from Aaa to Baa are thought of investment-graded by Moody's, and ratings from AAA to BBB are thought of investment-graded by S&P. When rating agencies evaluate a credit rating, they also attach a "rating outlook" to every single rating. "Opt… Read More