Wilshire Consumer Credit Auto Finance

Wilshire Consumer Credit Auto Finance Review

Wilshire Consumer Credit Auto Finance is offered by Wilshire Consumer Credit, a financial services company founded in 1988 and based in Los Angeles, CA. Wilshire auto loans are available in 5 states across the USA.

Wilshire auto loans FAQ

How much can you borrow via Wilshire auto loans?

Wilshire auto loans loan amounts start at $3,500 and go up to $50,000.

What APR does Wilshire auto loans offer on its car loans?

Wilshire auto loans offers an car loan product that ranges from 5% 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 auto loan term you can get with Wilshire auto loans?

Wilshire auto loans has car loans with a maximum term of 44 months. Having the option of longer terms allows borrowers to take on larger auto loan amounts while keeping monthly payments more affordable. However, the longer the term of your car loan, the more interest you will pay.

Does Wilshire auto loans charge an origination fee?

Yes, Wilshire auto loans may charge a loan origination fee.

Does Wilshire auto loans charge a late fee?

Yes, Wilshire auto loans charges borrowers with a late payment penatly fee

Does Wilshire auto loans charge prepayment fees?

Yes, Wilshire auto loans 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.

Can I pay off early my Wilshire auto loans loan?

Yes, you can. However, Wilshire auto loans charges a prepayment fee if you pay your car loan early. This fee could reduce or eliminate the savings from paying the car loan early.

What do you need to qualify for Wilshire Consumer Credit Auto Finance?

Applicants with a credit score of at least 500 and up to 850 may be eligible for Wilshire Consumer Credit Auto Finance. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Wilshire Consumer Credit Auto Finance does not have or does not disclose a minimum annual income eligibility requirement. Wilshire Consumer Credit Auto Finance only considers borrowers who are employed. Note that borrowers can add a cosigner to either meet eligibility requirements or qualify for lower interest rates.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members are eligible to apply for a loan via Wilshire Consumer Credit Auto Finance. Their rates fall within the limits of The Military Lending Act.

To qualify, applicants may need to provide the following documentation:

• Recent pay stubs
• Driver's license
• Proof of citizenship or residence permit

What is the estimated funding time for a car loan via Wilshire auto loans?

Wilshire auto loans will typically approve (or deny) a car loan application within 48 hours and fund the car loan within 7 business days of approval.

Is Wilshire Consumer Credit a legit company?

Wilshire Consumer Credit was founded in 1988, it is a well-established company that has been in business for 35 years.

Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.