Auto Loans in Sheboygan (WI)

Here at Wisconsin Auto Finance, we arrange car loans for people of all credit scores and budgets. The advantages of our system are significant:

  • Extensive Network of Lenders
  • Secure Application
  • No Fees, Zero Commitments
  • Zero Down Payment Needed
  • Good or Bad Credit Accepted
  • Instant Approvals for Qualified Applicants
  • Approval Status Tracked Online

Apply online, and we’ll find you a lender based on where you live, your income, your down payment, and other factors.

Credit Scores of 620 or Less

Less-than-perfect credit is not an issue. If you simply go from lender to lender, submitting applications, you may get rejected a few times. With our process, you can apply online, and we’ll find a lender willing to approve you for financing, even if your credit is less than ideal. Of course, poor credit scores translate into higher interest rates, but that just comes with the territory. Let us find you a dealership in Sheboygan that approves loans for people with credit problems. The process is easy, fast, and hassle-free. Go here to submit your online credit application.

Can I Buy a Car with Zero Down Payment?

Buyers with good credit can usually finance a car without a down payment. Purchasers with below-average credit, on the other hand, may need to provide a down payment. As you can imagine, consumers with below-average credit are much more risky for the loan company. Delinquency is more common, and a down payment helps to ensure that at least a percentage of the loan has already been secured. Don’t have a down payment? Don’t worry. We get many clients approved for financing, despite their lack of down payment.

Simply indicate your down payment amount when you submit your application, and our system can find you a dealer or lender who wants to get you in the driver’s seat, whether you have a down payment or not.

Sheboygan Buy Here Pay Here Dealers

Buy here pay here financing is also referred to as:

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

These dealers work with consumers who cannot get approved any place else. Sure, the interest rates are higher, but there are a lot fewer roadblocks to getting approved.

Sheboygan-Specific Financial Profile

Dealers and lenders are interested in much more than just your FICO score. Lenders check such things as:

  • Income
  • Employment History
  • Payment History

Here are some average statistics for residents of Sheboygan.

  • Pre-Tax Income: $2,515 Monthly
  • Average Car Payment: $277 (11% of Income)
  • Ideal Car Payment: $201 to $252 (8%-10% of Income)

Below-average credit is fairly common these days in Sheboygan and across the state of Wisconsin. The table below depicts the estimated number of Sheboygan residents at each credit level.

FICO Score % of Population Residents
300-499 2% 1,263
500-549 5% 3,157
550-599 8% 5,052
600-649 12% 7,577
650-699 15% 9,472
700-749 18% 11,366
750-799 27% 17,049
800-850 13% 8,209