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07-26-2013 08:53 PM - edited 07-26-2013 08:55 PM
Just like the subject asks, what credit reporting agency does Wells Fargo Auto or Wells Fargo Dealer Services pull from when applying for a loan?
I had inquired about auto loans last summer at wells fargo where I bank. Upon my asking, the wells fargo banker called the WF finance people who said that they would pull Equifax for the auto loan. I didn't apply so can't comfirm that that is indeed what happened. Btw, this was in arizona.
07-30-2013 11:22 AM
There's Wells Fargo Auto Finance and then there's Wells Fargo Dealer Services. I just applied a couple weeks ago to WFAF and they pulled EQ. Just last week I applied through WFDS and they used EX. I was pre-approved and then denied through WFAF with a 650 EQ FICO. I was approved for 0% financing for 60 mo. for a new 2013 Chevy Traverse through WFDS with a 623 EX FICO.
07-30-2013 02:28 PM
Through the dealer in January WFDS pulled EX. I had WF Financial for an Infiniti a number of years ago but couldn't tell you what they pulled.
07-30-2013 02:36 PM - edited 07-30-2013 02:38 PM
Thanks the for the help. For received my current WFDS loan a few years ago and now can't see where they pulled from. I am about to pay off a 60 month loan in 30 months and will be looking for a new vehicle. I hear rumors of WFDS being amazing after the first loan with no baddies and I will have paid off the loan in 1/2 the time.
Since my last loan, my score has gone up substantially so I am getting excited to see what I qualify for. Sadly, I must wait 6 months or so before I start looking.
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