Wedbush Bank is a California based bank that offers a variety of consumer and business banking products and services.  The bank is headquartered in downtown Los Angeles, CA and is a wholly owned subsidiary of WEDBUSH, Inc. which is also the parent company of Wedbush Morgan Securities.

Part of the banking services offered by Wedbush Bank includes a wide range of consumer loan programs. The bank provides customized financing and payment solutions combined with personalized service to help make the lending process convenient and efficient.  Wedbush Bank offers fast approvals and convenient loan terms on loans for everything from a used car to an airplane.

Wedbush Bank approves the auto loan rates in California primarily by the credit score of the borrower.  In most all auto financing, when the purchasers apply for a car loan, the auto lender will pull a credit report where the credit bureau will evaluate the credit profile of the prospective borrowers and assign a score.  This score is used to estimate the borrower’s credit standing and the interest rate and loan terms for the purchase. 

The bank offers both used and new car loans in California that are priced based on the borrower’s credit score. 
New California auto loans are available with terms ranging from 36 to 60 months.
New California car loan rates are include the following terms:
For credit scores between 720-850 the new car loan rate is 4.95%
For credit scores between 690-719 the car loan rate is 6.55%

Used California auto loans are also available from the bank with terms from 36 to 60 months
Used car loans on credit scores of 720-850 have an auto loan rate of 5.75%.
Credit scores of 690-719 have an auto loan rate of 7.35%.

Auto loan rates are subject to change.  Additional conditions will apply to obtain the car loan rates and terms.  All loans subject to bank approval.  For auto loan rates and additional loan information, a Wedbush Bank loan representative can be reached at 866-933-2874.

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This entry was posted on Tuesday, February 23rd, 2010 at 5:11 pm and is filed under Car Loan Rates and Car Loan Promotions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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