Q: What are the requirements to get approved for a loan? |
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The most important requirement is that you own a "clear" title on your paid-off
or nearly paid-off vehicle. Other than that, the requirements for each customer
may vary. |
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Q: What is the minimum loan amount? |
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$1,500 in Arizona and South Carolina; $2,510 in California, Oregon, and New Mexico. |
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Q: What is the maximum loan amount? |
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Your maximum loan amount is based on the value of your vehicle. |
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Q: What can I do with the money I get from Wilshire Consumer Credit℠? |
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It is your money, use it however you would like! |
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Q: How do I apply? |
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Apply Online or call (888) 333-5645 |
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Q: How long do I have to pay back my loan? |
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Our average term is 24 months. Depending on various factors, we can offer longer
or shorter payment terms to best fit your needs. |
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Q: How do I get in touch with you? |
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Call us at (888) 333-5645, E-mail us at:
info@wilshireconsumer.com, or Apply Online |
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Q: Is Wilshire Consumer Credit℠ licensed? |
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Yes - Wilshire Consumer Credit℠ has obtained licenses or certifications as a lender in the
following states: Arizona, California, New Mexico, Oregon, and South Carolina. |
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Q: I'm not comfortable providing my social security number online.
What should I do? |
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Since our application is secure(
www.thawte.com ), you should
not be concerned about any information you enter on your application. However, we
understand that many people are uncomfortable providing sensitive information on
the web. If you do not wish to provide this information online, simply call us at
(888) 333-5645 to submit an application over the phone. |
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Q: Will you pull my credit report?
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Yes, we will pull your credit report at the time we process your application. However,
keep in mind that bad credit and/or credit blemishes have little weight on your
eligibility for a loan. |
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Q: How long will it take for me to hear whether I have been
approved? |
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Wilshire Consumer Credit℠ will provide you with a decision minutes after you have submitted
your application, Mon-Fri from 8am-6pm. If you apply at any other time, you will
be notified first thing in the morning on the following business day. |
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Q: What happens after my application is approved? |
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You will be contacted with our offer of credit, including your loan amount and terms. Then, a Wilshire Consumer Credit℠ representative will set up a convenient time to bring the loan contract to you for your signature. |
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Q: How fast will I get my money?
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In most cases, the same day. It all depends how fast you supply us with the documentation
we need. |
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Q: When will my first payment be due?
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Your first payment will be due 30 days after you receive your money. |
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Q: How do I make my payments? |
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You may mail your payments to our payment center, pay by phone with a check, or
you may set up monthly automatic electronic debits from your checking account. |
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Q: Can I pay off my loan early without a penalty?
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Yes - Wilshire Consumer Credit℠ does not charge prepayment fees. You can pay off any portion
of your loan at any time without incurring a penalty. |
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Q: I received a solicitation letter may I opt out? |
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Yes - You may opt out of any future solicitations which originated from Experian,
click here to view entire opt out notice. |