Wells Fargo Auto Loans
in Auto Loan Refinancing from Wells Fargo BankUnaffiliated
|APR||3.88% - 19.51%|
|Credit Score Range||650 - 850|
|Loan Term||Up to 72 months|
Wells Fargo Auto Loans Review
Wells Fargo Auto Loans is an auto loan refinance offering by Wells Fargo Bank, based in San Francisco, CA. Founded in 1852, Wells Fargo Bank offers auto refinance loans in state across the USA.
What are the auto loan refinancing rates offered through Wells Fargo Auto Loans?
Wells Fargo Auto Loans offers an auto loan refinancing product that ranges from 3.88% APR up to 19.51% APR.
What is the maximum loan term you can get with Wells Fargo Auto Loans?
Wells Fargo Auto Loans offers auto refinancing 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 refinancing loan, the more interest you will pay.
Does Wells Fargo Auto Loans charge an origination fee on auto refinance loans?
Yes, Wells Fargo Auto Loans charges a loan origination fee.
Does Wells Fargo Auto Loans charge a late fee?
Yes, auto refinance loans via Wells Fargo Auto Loans are subject to late payment penalty fees.
Does Wells Fargo Auto Loans charge prepayment fees?
Yes, Wells Fargo Auto Loans does charge borrowers a fee if they pay their loans early. Consider prepayment fees when you choose a lender because prepayment feees can reduce or even cancel the interest savings of repaying a loan early.
What do you need to qualify for Wells Fargo Auto Loans?
Applicants with a credit score of at least 650 and up to 850 are eligible for Wells Fargo Auto Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.
Wells Fargo Auto Loans does not have or does not disclose a minimum annual income eligibility requirement. Wells Fargo Auto Loans only considers borrowers who are employed.
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 and their covered dependents are eligible to apply for a loan via Wells Fargo Auto Loans. Their rates fall within the limits of The Military Lending Act.
To qualify, applicants may need to provide the following documentation:
- Recent pay stubs
- Proof of income
- Driver's license
- Proof of citizenship or residence permit
What is the estimated funding time for an auto loan refinance with Wells Fargo Auto Loans?
Auto refinance loan applications are typically approved (or denied) within 24 hours and funded within 1 to 7 days of approval.
420 Montgomery Street
San Francisco, CA 94104 USA
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Other Services by Wells Fargo Bank
|Credit Score Range||
650 - 850
|Immigration Status Considered||
|Employment Statuses Considered||
|Joint Loan Applications Accepted||
|Verification Documents Required||
|Loan Term||Up to 72|
|APR||3.88% - 19.51%|