College Graduate Approval Program

Rising Star
College Graduate Approval Program
ENHANCED

The Rising Star Program has proven to be an effective tool in helping college graduates get into a Mercedes-Benz vehicle. Effective immediately, the Program has been modified to exclude the requirement for the applicant's graduation to have occurred within the last 24 months. This change is in direct response to dealer feedback collected at the recent Inside Track Meeting. Below are revised Program rules.

Vehicle Eligibility

• New or Certified Pre-Owned Mercedes-Benz vehicles only.
• Amount Financed or Capitalized Cost not to exceed $45,000 within applicable standard advance guidelines (refer to rate sheets).

Program Eligibility

Guidelines and stipulations (All information must be provided before credit approval, meeting the program eligibility guidelines does not automatically guarantee credit approval).

• Graduate of an accredited college with a 4-year undergraduate degree, graduate degree, -or- registered nursing degree.
• A copy of the graduate's diploma -or- official transcripts.
• Proof of graduate status -or- letter from Registrar's Office stating intent to graduate within the next 6 months.
• Proof of income required - Last 3 months of bank statements or most recent pay stub.
• Customer must have a minimum of 24 months of credit on file.
• Gross debt to income ratio not to exceed 50%.
• Gross payment to income amount not to exceed 20%.
• Must score tier 2 -or- better.

Below is a Rising Star Program Checklist that can be used for organizing the required documentation prior to transmitting to the Retail Credit Analyst for review and approval.

Please contact your Dealer Relations Manager or Retail Credit Analyst with any questions regarding this announcement.