in Auto Loans
Strongly not recommended
Would you recommend Volkswagen Credit to your friends?
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Where does Volkswagen Credit do business?
Volkswagen Credit is based in Libertyville, OR. It was founded in 1981 and 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 has a variable APR that ranges from 0.9% up to 11.9%.
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.
VOLKSWAGEN CREDIT Disclosure: "Not all customers will qualify for credit approval or advertised APR."
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1401 Franklin Blvd
Libertyville, OR 60048 USA
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- Washington, DC
- New Hampshire
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