
About Bankrate Score
A traditional banking institution with a range of personal loan options, Wells Fargo has a variety of options to serve customers where they are.
At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation for .
About Bankrate Score
A traditional banking institution with a range of personal loan options, Wells Fargo has a variety of options to serve customers where they are.
Wells Fargo has a variety of options available for personal loans, making them the best lender for serving customer needs. They can be flexible with repayment terms and customers can choose from a wide range of personal loan amounts to apply for. Additionally, customers gain peace of mind by incurring no fees when they open a personal loan with Wells Fargo.
No fees
Same day credit approvals
Flexible repayment terms
Not possible to apply online for new customers
Qualification details aren’t specific
Branches aren’t located in every state
Wells Fargo doesn’t provide consumers with a lot of information about the requirements for a personal loan. Generally, they suggest that applicants should have a good credit history, and that a higher credit score will result in a better interest rate.
If you want more specific details, contact the customer service team at Wells Fargo.
You can get in touch with the customer service team at Wells Fargo by phone or by reaching out to a local branch. If you plan to visit a local branch, it’s a good idea to make an appointment.
To reach the Wells Fargo team by phone, use the correct phone number. If you don’t already have an account, call 1-877-526-6332 Monday through Friday between 8 am and 7 pm CT. If you already have an account with Wells Fargo, call 1-877-269-6056 Monday through Friday between 7 am and 8 pm CT.
Interested in applying for a personal loan with Wells Fargo? You can apply online, via phone or in person at a local branch. It’s important to note that you can only apply online or by phone if you already have an account with Wells Fargo.
When you apply you will need to provide some basic information. You will need personal details like your name, date of birth, and social security number. You will also need to give information about your employment status and income. Finally, you will be asked for details about the loan you are applying for. Expect to let them know your desired term, loan amount, and the reason you want the loan.
Once you provide all of these details, you may need to provide additional documents. These may include:
Some pre-existing Wells Fargo customers qualify for an autopay discount on their personal interest rates. There are certain checking accounts with Wells Fargo that qualify personal loan applicants for an autopay discount of 0.50% on personal loan interest rates. Other checking accounts qualify customers for an interest rate discount of 0.25% discount on personal loans. Automatic payments from your Wells Fargo checking account must be made on your personal loan to qualify.
Taking out a personal loan with Wells Fargo means skipping almost all fees. The loans don’t have any origination fees or closing fees. This bank also doesn’t charge any fees if you pay off your loan early.
It is important to note that you may have to pay late fees if they apply. Talk to a customer service representative if you have questions.
Score | Explanation | |
---|---|---|
Overall score | 4.4 | |
Availability | 4.0 | Some qualifications are not disclosed. |
Affordability | 4.8 | Low starting APR and no fees make this lender an affordable option for many. |
Customer experience | 4.4 | Wells Fargo doesn't offer as many customer service hours as some others. |
To select the top personal loan lenders, Bankrate considers 15 factors. These factors include credit requirements, APR ranges, fees, loan amounts and flexibility to account for a wide range of credit profiles and budgets. Bankrate reviewed 41 lenders and gave each a Bankrate rating, which consists of three categories:
Editorial disclosure: All reviews are prepared by Bankrate.com staff. Opinions expressed therein are solely those of the reviewer and have not been reviewed or approved by any advertiser. The information, including rates and fees, presented in the review is accurate as of the date of the review. Check the data at the top of this page and the lender’s website for the most current information.