Overview

Where does Wells Fargo Auto Loans do business?

Wells Fargo Auto Loans is a bank based in San Francisco, CA. It was founded in 1852 and offers auto loans in 49 states (and Washington, DC).

How much can you borrow via Wells Fargo Auto Loans?

Wells Fargo Auto Loans auto loan amounts start at $5,000 and go up to $300,000.

What APR does Wells Fargo Auto Loans offer on its auto loans?

Wells Fargo Auto Loans offers a fixed APR auto loan product that ranges from 3.12% APR up to 19.51% 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 Wells Fargo Auto Loans?

Wells Fargo Auto Loans 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 Wells Fargo Auto Loans charge an origination fee?

Yes, Wells Fargo Auto Loans may charge a loan origination fee.

Does Wells Fargo Auto Loans charge a late fee?

Yes, Wells Fargo Auto Loans charges borrowers with a late payment penatly fee

Does Wells Fargo Auto Loans charge prepayment fees?

No, Wells Fargo Auto Loans will not charge you a fee for paying your loan early. Whenever possible choose lenders like Wells Fargo Auto Loans that don't charge a prepayment fee. These fees can reduce or even cancel the interest savings of repaying a loan early.

What do you need to qualify for a loan with Wells Fargo Auto Loans?

Applicants with a credit score of at least 650 can apply for a loan via Wells Fargo Auto Loans. 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
• Proof of income

What is the estimated funding time for an auto loan via Wells Fargo Auto Loans?

Wells Fargo Auto Loans will typically approve (or deny) an auto loan application within 24 hours and fund the loan within 7 business days of approval.