Auto Loans in Little Chute (WI)

At Wisconsin Auto Finance, we pride ourselves on getting our users approved for financing with no fees, no hassles, and no obligations. A growing number of dealerships, banks, and other lenders now have whole departments specializing in online approvals, and we can help you put together your financing right from your computer. This is how the process works:

  1. Take a couple of minutes to complete your secure application.
  2. Monitor your application status through our members’ area.
  3. If approved, speak with your dealer or lender to finalize your paperwork.
  4. Go buy the car you want.

Sound simple? It really is!

Little Chute Car Loans for Bad Credit

Subprime credit is often a challenge when trying to finance a car, but not when you apply through us.

As a matter of fact, we have relationships with Wisconsin banks, dealers, and auto finance companies who finance people at each different credit tier. Sure, your APR won’t be as low as someone with a credit score of 700 or higher, so it’s important to opt for an economical vehicle with affordable monthly payments. You’ll typically have your application placed with a bad credit car dealer or auto finance company. Companies like these submit payment data to the credit agencies. This is a prerequisite for rebuilding your credit. Apply Now!

Can I Finance a Car with Zero Money Down?

Do you have a credit score of 700 or higher? Then you probably won’t have to stress about a down payment. If you have a bad credit score, however, your dealer may require you to supply a payment in advance. After all, consumers with less-than-perfect credit represent a greater risk for the lender. Default is more of a concern, and a down payment ensures that some percentage of the vehicle’s value is not at risk. The good news is that, as the economy gets better, more lenders and dealers will be offering auto loans with zero down.

We get people approved everyday, even with credit and down payment issues.

What About Buy Here Pay Here Financing?

In House financing is often referred to as:

  • Your Job is Your Credit
  • Tote The Note
  • Rent to Own
  • We Finance

Shoppers who have been unable to secure financing because of seriously bad credit often wind up at these types of dealerships. Of course, the annual percentage rates are high, but there aren’t many hurdles to approval.

Credit and Income: Little Chute

Dealers and lenders are worried about a lot more than just your credit score. Creditors look at your ability to pay (income), stability, and history of credit.

Below are some average stats for Little Chute residents.

  • Average Income: $3,788 Monthly
  • Average Car Payment: $417 (11% of Income)
  • Recommended Car Payment: $303 to $379 (8%-10% of Income)

If you have subprime credit, you aren’t the only one. This chart depicts how many people in Little Chute are in each credit tier.

FICO Score % of Population Residents
300-499 2% 734
500-549 5% 1,836
550-599 8% 2,938
600-649 12% 4,406
650-699 15% 5,508
700-749 18% 6,609
750-799 27% 9,914
800-850 13% 4,773

Your credit rating will primarily determine your annual percentage rate. However, as long as you have sufficient income, we can typically find someone to finance you, even when you have less-than-perfect credit.

Ready to apply for an auto loan in Little Chute? Go here to apply online.