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  • wells fargo auto finance FAQ


    No you don't have to tell them why it is late. They are trying to fish for information ... you lost your job, you gamble away your money, etc... See if you can set up automatic payments from a checking account if you have one.


    The FDCPA only applies to third-party collectors, not to a finance company collecting on its own debts.


    "I changed ins. back in nov of 07 my borker sent all the appropriate paperwork to my finance co. (wells fargo)"

    Unless YOU sent the paperwork, you don't KNOW it was sent. Your contract DID specifically allow them to purchase


    as far as i'm concerned, wells fargo is one of the more conservative lenders and tougher to get credit with. probably one of the biggest reasons they haven't been as adversely affected by the credit/housing crisis as other big banks. anyway, expect

    wells fargo auto finance news

    Automobile Finance Is Negotiable, Educational Coalition Says

    21.05.12

    WASHINGTON, March 30, 2012 - Many consumers focus their pre-car buying research on selecting the right vehicle, but spend limited time educating themselves about financing options. As Financial Literacy Month approaches, AWARE (Americans Well-informed on Automobile Retailing Economics) encourages consumers to concentrate on the entire automobile-buying process.

    "Checking out the latest models and features may be the exciting part of car shopping, but researching financing options, such as interest rates, is equally important because the loan payments will be with borrowers for a while," says AWARE spokesman Eric Hoffman.


    Source: Autochannel (press release)

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