Car Credit Quality

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We use the Credit Quality Tiers as a guide for estimating credit quality. Understanding which credit tier your personal credit history fits into will help you to use our Car Loan Calculator tool to obtain an estimated monthly car loan payment and complete the Wells Fargo auto loan application:

Excellent

Minimum five years of credit account history. Credit history reflects various credit card and installment loan tradelines. Low usage of credit card lines is evident. No past due payment history is evident.

Good

Credit account history is between three and five years. Credit history reflects various credit card and installment loan tradelines. Moderate usage of credit card lines is evident. General credit history reflects payments received in a timely manner with no current delinquent accounts.

Average

Credit account history of less than three years may be reflected. Moderate usage of credit card lines is evident. General credit history reflects some accounts have been past due in last 24 months, but current history shows accounts paid as agreed.

Fair

Credit account history of less than three years may be reflected. Heavy usage of credit card lines may be evident. General credit history may reflect delinquency over an extended period of time on several accounts. Credit history may show several collection accounts. Credit history may show numerous credit inquiries within the last 12 months.

Wells Fargo Financial offers fair credit auto loans for customers with less-than-perfect credit

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