Westlake Financial Partners

Westlake Financial Partners is a private auto finance company headquartered in Los Angeles, California. It is one of the larger non-prime and subprime auto lenders in the United States and primarily provides vehicle financing through a network of automobile dealerships rather than through direct consumer applications.

Westlake Financial targets borrowers across a broad credit spectrum, with a particular focus on consumers who have limited credit history or impaired credit that may prevent them from qualifying for financing through a bank, credit union, or prime auto lender. This positioning means that loans originated through Westlake Financial typically carry higher interest rates than those available from conventional lenders.

Consumers typically encounter Westlake Financial financing at the dealership rather than through a direct application. Independent used car dealers and some franchised dealers may submit applications to Westlake Financial as one of several lenders they work with. Buyers may not always know which lender is funding their loan unless they ask specifically.

Because Westlake serves borrowers with weaker credit profiles, interest rates can be significantly higher than what a prime borrower would pay through a bank or credit union. Loan terms should be reviewed carefully, including the annual percentage rate, the total amount to be repaid, and any fees associated with the loan.

Consumers with subprime credit who are offered financing through Westlake Financial should compare all available options before agreeing to terms. It may also be worth contacting credit unions directly, as some offer products designed for borrowers rebuilding credit at more favorable rates than those available through dealer-arranged subprime programs.