Wells Fargo Apply Auto Loan. Because a majority of wells fargo’s loans are through dealerships, what’s known as indirect lending, you may not know your exact rate or terms until you apply through a dealership. But only current customers can apply without visiting a branch.
Wells fargo, one of the largest lenders for purchases of new and used cars, is no longer making auto loans to most independent car dealerships, a sign the bank is concerned about defaults in the. Wells fargo auto loan details. Interest rates range from 5.99% to 24.49% annual percentage rate (apr).
Because a majority of wells fargo’s loans are through dealerships, what’s known as indirect lending, you may not know your exact rate or terms until you apply through a dealership.
The bank performs a hard credit check, so your score may go down by a few points. What you need to know about wells fargo auto loans. The lender partners with thousands of dealers across the u.s. Wells fargo auto loans disclosure :