Many drivers dream of getting behind the wheel of a Mercedes-Benz and fall short of this dream due to minimal credit. Drivers may now realize this dream with the help of the Mercedes-Benz Rising Star College Graduate Program. Designed to give car shoppers with minimal or zero credit the opportunity to experience the Mercedes-Benz dream, this program caters to Military Veterans, recent college graduates, current local or international college students and first-time Mercedes-Benz buyers. Explore this Mercedes-Benz Rising Stars Program overview for more information on this exceptional program.
All vehicles that can be leased or financed through Mercedes-Benz Financial Services are available to qualified individuals through the Rising Stars Program. College graduates have worked hard to get where they are and often find themselves without the credit required to lease or finance their dream car – not with the Mercedes-Benz Rising Stars Program. Current local and international students who struggle to receive financial approval will find that it is easy to qualify with this innovative program. First-time car buyers with limited credit who do not require a high amount of finance will find themselves behind the wheel of their dream car in moments.
College Graduate Checklist
Name of College/University
Must be an accredited four-year College or University -or-
Accredited Graduate Program -or-
Accredited Registered Nursing Program
Proof of Enrollment or Graduate Status
Proof of graduate status (Copy of Graduate’s Diploma or Official Transcript) -or-
Letter from Registrar’s Office stating intent to graduate within the next 6 months
Proof of Income
Most recent pay-stub-or-
Last three months bank statements
Advance Requirements
Amount Financed or Capitalized Cost not to exceed $50,000
Advance within standard guidelines for approved tier
Credit Requirements
24 months of established tradeline credit history on file
No derogatory credit history, including public records or collections
Student Approval Checklist
Name of College/University
Must be an accredited four-year College or University -or-
Accredited Graduate Program -or-
Accredited Registered Nursing Program
Proof of Enrollment
Official Transcript -or-
Letter from Registrar’s Office
Program Requirements
Term cannot exceed F1 Student Visa expiration
Expired F1 Student Visa okay with I-10 documentation demonstrating length of stay greater than term
Proof of Income
Last three months bank statements showing sufficient cash flow to support payment/debt
Advance Requirements
Amount Financed or Capitalized Cost not to exceed $50,000
Advance within standard guidelines for approved tier
Credit Requirements
No derogatory credit history, including public records or collections
Cap Reduction/Security Deposit
20% Cap Reduction
10% Security Deposit
First Time Buyer (New) Approval Checklist
Proof of Income
Most Recent pay stub
Last three months bank statements
Advance Requirements
Amount Financed or Capitalized Cost not toe exceed $25,000
Advance within standard guidelines for approved tier
Proof of residency
Three verifiable personal references
Credit Requirements
24 months of established tradeline credit history on file
No derogatory credit history, including public records or collections
First Time Buyer (Pre-Owned) Approval Checklist
Certified Pre-Owned Mercedes-Benz vehicles only
Proof of Income
Most Recent pay stub
Last three months bank statements
Advance Requirements
Amount Financed or Capitalized Cost not toe exceed $25,000
Advance within standard guidelines for approved tier
Proof of residency
Three verifiable personal references
Credit Requirements
24 months of established tradeline credit history on file
No derogatory credit history, including public records or collections
Military Approval Checklist
Proof of U.S. Military, Reserve, or National Guard Enrollment
Military ID Card (for dealer’s records only, do not forward to MBFS)
Proof of Income
Most recent pay stub-or-
Last three months bank statements
Payment to income not to exceed 20% of Gross Monthly Income
Advanced Requirements
Amount Financed or Capitalized Cost not to exceed $50,000
Advance within standard guidelines for approved tier
Credit Requirements
24 months of established tradeline credit history on file
No derogatory credit history, including public record or collections
