What are the eligibility criteria for Wells Fargo Automotive Finance?

Asked 6 months ago
To be eligible for Wells Fargo Automotive Finance, applicants must meet certain criteria. Firstly, individuals must be at least 18 years old or the age of majority in their state. Secondly, they need to have a valid U.S. driver's license and provide proof of insurance. Additionally, applicants must have a minimum monthly income of $1,500 before taxes and other deductions. They may also need to provide proof of income, such as recent pay stubs or tax returns. A satisfactory credit history is required, and the specific credit criteria may vary depending on the loan. Finally, the vehicle being financed must be intended for personal use only and cannot exceed a certain age or mileage limit. Meeting these eligibility requirements will increase the likelihood of obtaining automotive financing from Wells Fargo.
Adam Goldkamp is the editor / author responsible for this content.
Answered Nov 1, 2023

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