How To Apply For A Wells Fargo Auto Loan

2008-10-15 10:56:45

( Automobiles )



It takes only less than a minute to know if your application for a Wells Fargo auto loan is approved. All you need to do is complete the online application which can be found at the Wells Fargo website. Based on the data you provide, the credit department for car loans of Wells Fargo will evaluate your online application immediately after submission.

If your loan application gets the go signal of the credit team, then you will be sent the details, as well as instructions of the loan via e-mail. When you do not receive an e-mail within one minute, your Wells Fargo auto loan application might be in need of further evaluation. You will still receive an e-mail informing you about the status of your application within the next twenty-four hours after you have submitted your request. If, however, your loan application will not be approved, then a notification will still be sent both by e-mail and snail mail.

Eligibility Requirements

For you to qualify for a Wells Fargo auto loan, your age must be at least eighteen years old. Your residence must be within the United States. Online Wells Fargo auto loan application from the states of Vermont, Wisconsin as well as the District of Columbia cannot be processed at the moment. Hence, it is best to call the office of Wells Fargo in these states.

Applicable Interest Rates

Your Wells Fargo auto loan interest rates will be dependent on your credit rating and whether the car you will purchase is new or used. If you have a sterling credit report and you opt for a shorter term of a Wells Fargo auto loan, then your interest rates will be at the lower end. The interest rate applicable when you purchase a brand new car is generally lower than that of used cars.


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