View Full Version : Yard Card

01-25-2011, 09:00 PM
Not sure if this is the right forum, but does anyone have experience with the yard card for purchasing mowers? I used sheffield before, but figured I would go for the yard card instead of a fixed loan. This way I dont have to apply every 2 or 3 years. Thanks in advance.

01-25-2011, 09:05 PM
I week ago someone posted something about yard card and alot of people said they were dissatisfied. Search for yard card in this forum.

01-25-2011, 09:20 PM
I've bought a few mowers through them with 0% financing and havn't had a problem. However they are a credit card company and I make sure I pay on time and the right amount as I don't really trust any of them.

01-25-2011, 09:26 PM
Thanks, I read a few of the older threads, scary. I dont have any other credit cards and always pay on time or early, as well as extra. So hopefully I womt have any problems.

01-25-2011, 09:43 PM
I have almost an 800 credit score. Only allowed me 2,500 on the yard card... WTF?
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Jason Rose
01-26-2011, 12:19 AM
Iv'e used Yard Card for 2 or 3 mower purchaces. Never had any problems with them at all. Only reason I've used it is because of the 0% or 1.9% financing for 36 months. I can't get anywhere close to that with the credit union I bank with. Just watch yourself and don't EVER miss a payment or else your APR will go through the roof, and don't assume the minimum payment they have on the bill is what will pay off your "loan" within the 36 month 0% interest period. They don't want you to do that! I just took what I owed, at 0%, divided my 36 and then rounded up to a payment that is comfortable. During the high income parts of the year I usually pay extra, but since there's no interest there's not much incintive to pay it off early...

johnsons, that's odd they didn't allow you more. I have 12 or 14 grand in credit from them. Did you check on a limit on your own or did you have a dealer request a certian amount to buy a new mower and it came back as they would only give you 2,500? My "limit" was always based on the purchace price of the mower. The dealer had to contact them ad request the limit was rased and they would only raise it based on the ticket amount, from what I could tell.

I've also had loans/credit with sheffield, never had any problems with them either.

01-26-2011, 12:50 AM
If you can go with GE or Sheffield. They are way easier to deal with imo.
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01-26-2011, 01:08 AM
Sheffield is the way to go. I have a 60 mos term for only 3.9apr for $9000. Pretty good deal for 5 years.

01-26-2011, 01:26 AM
I've used Yard Card to purchase all but my first Gravely. Each spring they have had 0% for 6 months. Used to be no payments, but with the new laws, you have to make a payment each month. I pay mine off within the 6 month period, which works well for me. There is a fee for this, $100 I think, plus they charge the dealer a percentage as well, which I believe is 2% of the amount financed. I've had no problems with them whatsoever. Just have to make sure you adhere to the repayment rules, like with any credit.

01-26-2011, 05:35 AM
have heard way more negatives about yard card, i would steer clear.

we dont finance any equipment

01-26-2011, 08:22 AM
JD credit has been very good to me! The interest is 3.9 % right now and I've been dealing with them for 8 yrs without one problem. I go through an actual JD store not a independently owned store, its amazing how much better service is. I've used 4 dealers in the past and can't say that good of things about them. Recently a local dealer has been pretty good though.

01-26-2011, 08:42 AM
I have almost an 800 credit score. Only allowed me 2,500 on the yard card... WTF?
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there is more to that then just a credit score. They loook at debt/income ratio and debt history.

01-26-2011, 11:57 AM
We set people up on all the major companies, Ge, Yard Card and shefield. Shefield is my favorite by far. But sometimes Yard card has better rates. I have nothing bad to say about yard card. But it is a credit card style payment and read the fine print about if you miss a payment you will get charged intrest.

But to sum up, I have no worries about setting people up on yard card. They are a good company. I just perfer the ease of Shefield over the others.