In addition to Cr…, Image: Young couple sitting at home office desk trying to see if they can prequalify for an auto loan, Image: Woman standing in the sunroof of her car, holding her child, who sits on the roof of the car, Image: Woman sitting in the open trunk of her SUV, talking with her daughter, Image: Smiling young woman driving a red car, Image: Young woman standing outside, looking up safeco auto insurance on her cellphone, Image: Family outside in car that they have insured with travelers auto insurance, Ability to apply for prequalification with no credit check, Range of credit histories and scores considered, Make and model you want may not be available, depending on where you live. But the finance company doesn’t offer refinance or private-party loans. Your actual rate depends upon credit score, loan amount, loan term, and credit usage and history, and will be agreed upon between you and the lender. He holds a bachelor’s degree in business management and finance from Brigham Young University. Though it’s known as a company specializing in loans for those with “subprime” or low credit, the company has expanded into loans for those with higher FICO scores, even ones above 750. When you receive the check from the insurance company, you need to mail the endorsed check and body shop information to Westlake. Current, previous, and secondary employment information. People looking for a subprime lender in the auto industry don't have a lot of financing options. Credit Karma Offers, Inc. NMLS ID# 1628077 | Licenses | NMLS Consumer Access, Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on Reddit (Opens in new window), Image: Young woman looking inside car at car dealership, Ben Luthi is a personal finance freelance writer and credit cards expert. Credit Karma is committed to ensuring digital accessibility for people with disabilities. Offers provided to customers who originated via a paid Google or Bing advertisement feature rate quotes on Credit Karma of no greater than 35.99% APR with terms from 61 days to 180 months. This cuts down on the time it takes to advise employees and address call volume, Brian Renfro, vice president of servicing, told Auto Finance … But you can start the financing process by applying for prequalification on the Westlake Financial website. Loan terms go … 9 talking about this. This date may not reflect recent changes in individual terms. Westlake Financial offers indirect auto loans, meaning its loans are available through partner dealerships. Dealerships have a vested interest in connecting buyers to their finance partners — they may get kickbacks from the company, or add percentage points to the interest rate to help them make extra money on the deal. Westlake Financial Services is based in Los Angeles with a network of more than 30,000 partner dealerships across the United States. Avoid spending unnecessary time at the dealership and complete your car buying process from the comfort of your home! Plus lienholder titling & insurance payee. The rates and fees mentioned in this article are accurate as of the date of publishing. An example of total amount paid on a personal loan of $10,000 for a term of 36 months at a rate of 10% would be equivalent to $11,616.12 over the 36 month life of the loan. © 2007–2021 Credit Karma, LLC. Your APR will be determined based on your credit at the time of application. Once you click to apply for an offer, you will be directed to a third-party website at which point you should give the fine print a gut check. Prequalifying for financing on Westlake’s website before you visit a dealership requires only a soft pull of credit information; however, this full application triggers a hard pull. At WestlakeFinancial.com, you can get pre-qualified for your next auto loan before having to walk inside a dealership.When you pre-qualify, you can avoid spending unnecessary time at the dealership and complete your car buying process from the comfort of your home!. PO Box. The full-spectrum lender’s new auto lease Westlake Financial Services is expanding its leasing business with a program launched this week. Westlake Financial Services is an indirect auto lender, so you’ll need to apply for a loan through one of its partner dealers.