in Auto Loans from Volkswagen CreditUnaffiliated
in Auto Loans from Volkswagen Credit
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Volkswagen Credit Review
Volkswagen Credit is an auto purchase finance offering by Volkswagen Credit, based in Libertyville, OR. Founded in 1981, Volkswagen Credit offers auto loans in 50 states (and Washington, DC).
How much can you borrow via Volkswagen Credit?
Volkswagen Credit auto loan amounts start at $10,000 and go up to $100,000.
What APR does Volkswagen Credit offer on its auto loans?
Volkswagen Credit offers an auto loan product that ranges from 0.9% APR up to 11.9% APR.
Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.
What is the maximum loan term you can get with Volkswagen Credit?
Volkswagen Credit has auto loans with a maximum term of 72 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your auto loan, the more interest you will pay.
Does Volkswagen Credit charge an origination fee?
Yes, Volkswagen Credit may charge a loan origination fee.
Does Volkswagen Credit charge a late fee?
Yes, Volkswagen Credit charges borrowers with a late payment penatly fee
Does Volkswagen Credit charge prepayment fees?
Yes, Volkswagen Credit does charge borrowers a fee if they pay their loans early. Consider prepayment fees when you choose a lender because prepayment can reduce or even cancel the interest savings of repaying a loan early.
What do you need to qualify for a loan with Volkswagen Credit?
Applicants with a credit score of at least 650 can apply for a loan via Volkswagen Credit. The minimum age to apply for a loan is 18 or the state minimum, whichever is higher.
To qualify, applicants may need to provide the following documentation:
- Driver's license
- Proof of citizenship or residence permit
- Recent pay stubs
What is the estimated funding time for an auto loan via Volkswagen Credit?
Volkswagen Credit will typically approve (or deny) an auto loan application within 24 hours and fund the loan within 7 business days of approval.
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
|Credit Score Range||
650 - 850
|Immigration Status Considered||
|Employment Statuses Considered||
|Maximum Vehicle Age||3|
|Joint Loan Applications Accepted||
|Verification Documents Required||
|Loan Amount||$10K - $100K|
|Loan Term (Months)||Up to 72|
|APR||0.9% - 11.9%|