Loans
Ensure up to $100K quickly: Wells Fargo Personal Loan Review
Discover the ins and outs of Wells Fargo's Personal Loan in this comprehensive review! Enjoy rate discounts and more!
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Ensure the money you need quickly – hassle-free process!
Are you looking for a personal loan for larger purchases? Then dive into our Wells Fargo Personal Loan review, uncovering its fees, good points, and drawbacks.
Apply for Wells Fargo Personal Loan
Apply for a Wells Fargo Personal Loan Easily – borrow up to $100K with affordable conditions. Keep reading and learn how!
Find out now if this loan is what you seek and how much you can get. Then keep reading!
APR | 7.49% to 23.74%; |
Loan Purpose | Multiple purposes, such as debt consolidation, home improvements, major purchases, and more; |
Loan Amounts | From $3,000 to $100,000; |
Credit Needed | Not disclosed; |
Terms | 12 – 84 months; |
Origination Fee | None; |
Late Fee | $39 (after 10 day grace period; |
Early Payoff Penalty | None. |
Wells Fargo Personal Loan overview
Wells Fargo’s Personal Loan has flexible terms. It can be used mainly for home renovations, debt consolidation, and large purchases.
Thus, you can borrow anywhere from $3,000 to $100,000 with flexible terms of 12 to 84 months at almost no fees.
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Low fees
One of the biggest benefits of a Wells Fargo Personal Loan is that the fees are extremely low.
Therefore, you won’t have to worry about origination, closing, or early payment fees.
Same day approval
Additionally, Wells Fargo promises same-day approval and flexible repayment terms that make adjusting your payments to meet your budget easy.
Rate Discounts for existing customers
Indeed, previous customers can qualify for a rate reduction upon signing up for autopay.
- 0,50% discount: Private Bank Checking account, Fargo Premier Checking account, or Wells Fargo Prime Checking account members;
- 0,25% discount: Other accounts, such as the Way2Save account.
Is it worth it to apply for Wells Fargo Personal Loan?
A Wells Fargo Personal Loan suits whatever purpose you want, such as home improvements, debt consolidation, and major purchases.
However, like every financial decision, there are pros and cons to consider before making a decision. So check them out.
Benefits
- Low fees;
- Fast approval;
- Flexible terms;
- Good lending amount range.
Disadvantages
- New customers can’t apply online;
- Qualification requirements are too vague;
- Branches are limited to some states.
What credit score is required for the application?
Wells Fargo doesn’t disclose their credit score requirement for Personal Loans. However, a good credit score can increase the chances of approval.
How does the application process work?
Do you need funds for your home renovation, debt consolidation, or big purchase?
Indeed, applying for a Wells Fargo Personal Loan is easy. Further, find out more about our requirements and application process. So read on!
Apply for Wells Fargo Personal Loan
Apply for a Wells Fargo Personal Loan Easily – borrow up to $100K with affordable conditions. Keep reading and learn how!
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