Auto Loans in Waukesha (WI)

WaukeshaWaukesha may be rated as one of the top 100 places to live in the US, but that doesn’t mean it’s any easier to secure the car loan you need. At Wisconsin Auto Finance, we take great pride in getting our customers approved for financing with no fees, hassles, or obligations. The benefits of our system are numerous:

  • Vast Lender Network
  • Paperless Application Process
  • Zero Fees, No Commitments
  • Zero Down Payment Needed
  • All Credit Tiers Approved
  • Same Day Financing for Qualified Applicants
  • Online Status Updates

Submit your application, and the dealers and lenders in our network compete for your business.

Waukesha Bad Credit Car Loans

Less-than-perfect credit? Don’t worry. We enable you to find a dealer who wants to fund your loan, even if your credit history is problematic. We have dealers and lenders who accept subprime credit scores, and they would love to fund your loan. Most loan companies do require people with bad credit to provide a down payment, but most people who apply through us are approved right away. A finance specialist from your dealership will contact you, and together you will work out the details of your purchase:  interest rate, repayment terms, down payment, etc. Then you’ll be able to choose from a range of vehicles on the dealer lot. Both new and used vehicles are typically available, even if you have bad credit. Interest rates vary widely, but somewhere between 8-20% APR is common. We can help you find a bad credit car dealership in Waukesha who’s willing to approve you for a loan – today!

Waukesha Buy Here Pay Here Financing

This sort of financing is also known as:

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

These dealers specialize in helping people who can’t get approved by a traditional lender. Payments are made to the dealership, sometimes in person, and the cars and trucks for sale are typically $10,000 or less.

Can I Buy a Car with No Money Down?

Buyers with good credit can typically buy a car with no down payment. Of course, it’s a little trickier for people with bad credit. That is because consumers with credit problems represent a much greater risk for the lender. Going into default is more of a concern, and a down payment means that at least a percentage of the loan has already been secured. That isn’t to say that dealers don’t offer financing for people who don’t have a down payment. We get people approved each and every day, even with credit and down payment issues.

Waukesha-Specific Credit, Income Numbers

Your FICO score is only part of the picture. Creditors evaluate the following:

  • Income
  • Job Stability
  • History of Credit

Below are some average statistics for Waukesha residents.

  • Average Income: $4,188 Monthly
  • Average Car Payment: $461 (11% of Income)
  • Suggested Car Payment: $335 to $419 (8%-10% of Income)

Curious about the credit scores of your friends and neighbors? We have estimated how many Waukesha residents fall into each range of FICO scores.

FICO Score % of Population Residents
300-499 2% 2,537
500-549 5% 6,343
550-599 8% 10,148
600-649 12% 15,222
650-699 15% 19,028
700-749 18% 22,833
750-799 27% 34,250
800-850 13% 16,491

Ready to get financed? Click here to apply online.