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Who is Volkswagen Credit through?

VW Credit, Inc. (VCI) is a wholly owned subsidiary of Volkswagen Group of America, Inc. (VWGoA). It was founded in 1981 as a captive finance company for VWGoA to service Volkswagen and Audi retail customers and dealers.

What credit score is needed for VW credit?

If you have a credit score between 650 and 850, you might qualify for a Volkswagen Credit Auto Loan. To be eligible, you must be at least 18 years old or meet the minimum age requirement set by your state, whichever is higher.

What bank does VW credit use?

16, 2024 /PRNewswire/ -- Volkswagen Financial Services (VWFS), the captive financial services arm of Volkswagen Group of America, and Wells Fargo (NYSE: WFC) today announced a multi-year co-branded agreement under which Wells Fargo will be the preferred purchase financing provider for the Volkswagen (VW), Audi, and

What credit score do you usually need to finance a car?

Still, you typically need a good credit score of 661 or higher to qualify for an auto loan. About 71% of vehicle financing is for borrowers with credit scores of 661 or higher, ing to Experian. Meanwhile, low-credit borrowers with scores of 600 or lower account for only 14% of auto loans.

Does VW credit require full coverage?

If you are financing the purchase of a Volkswagen, we allow comprehensive and collision deductibles up to, but not to exceed $1,000. You must maintain full coverage (Covering the vehicle against damage, destruction, or loss) and comply with your required state minimums.

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What credit score does VW use?

Volkswagen Credit usually checks your FICO Score 8 (a type of credit score) from TransUnion as their default option.

What credit company does Volkswagen use?

VWFS globally Volkswagen Financial Services AG is a global business that takes charge of managing financial solutions across the whole Volkswagen Group.

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