Auto Loans in Wausau (WI)

At Wisconsin Auto Finance, we get you the financing you need in less time, with less hassle. Our extensive network of lenders and dealers is standing by, awaiting your application. When you apply online, we’ll match you with a lender based on where you live, your income, your down payment, and other factors.

Wausau Car Loans for Bad Credit

Poor credit is often a real setback when it comes to financing, but not at Wisconsin Auto Finance. There are three bad credit” credit tiers:

  • Tier 3/C: 580-660
  • Tier 4/D: 520-580
  • Tier 5/F: 250-520

No matter your score, we have lenders that want to approve you for financing. Most lenders do require borrowers with credit problems to provide a down payment, but most people who apply through us get approved nearly instantly. And, as you may know, making regular payments on a car loan can help boost your credit rating. So let us find you a dealer in Wausau that finances bad credit – today!

Wausau Auto Loans, No Money Down?

A number of our dealers fund loans for people with no money down. However, providing a down payment gives you substantial benefits:

  • Reduces the length of the loan, meaning less is paid in interest.
  • Decreases payment per month.
  • Protects against negative equity.

Even so, we understand that down payments take a lot more time and effort these days. We get people approved everyday, even with credit and down payment issues.

Wausau Buy Here Pay Here Financing

In House financing is otherwise known as:

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

Consumers who cannot secure financing because of serious credit problems often wind up at these types of dealerships. Everything is paid to the dealership directly, and the vehicles they sell typically cost less than $10,000.

Wausau Consumer Profile

Your FICO score is just part of the equation. Creditors evaluate the following:

  • Ability
  • Source of Income
  • Credit History

Here are average statistics for residents of Wausau.

  • Pre-Tax Income: $28,340 Per Year
  • Average Car Payment: $260 (11% of Income)
  • Recommended Car Payment: $189 to $236 (8%-10% of Income)

Have you ever wondered about the credit scores of your community as a whole? We’ve estimated how many Wausau consumers are in each credit tier.

FICO Score % of Population Residents
300-499 2% 1,099
500-549 5% 2,747
550-599 8% 4,396
600-649 12% 6,594
650-699 15% 8,242
700-749 18% 9,890
750-799 27% 14,835
800-850 13% 7,143

Your FICO score will have a significant impact on your rate of interest. However, if you have the income, we can typically find someone to finance you, even when you have below-average credit.