Wells Fargo offers personal loans ranging from a few thousand dollars to a hundred thousand dollars. You can easily apply for a loan online or by going to a Wells Fargo bank in person. To qualify for a loan, you will need to have a credit score of 621 or better and a debt to income ratio of 50 or less.
There are probably a lot of things you can do with a personal loan, from consolidating your debts to making home improvements. Wells Fargo offers a wide variety of personal loan options ranging from $3,000 to $100,000, with terms ranging from 12 months to 84 months. To learn how to apply for a loan from Wells Fargo, just keep reading.
You should have a credit score of at least 621. The higher your score, the larger the loan you can apply for and the lower your payments and interest will be. Your debt-to-income ratio is also important. To calculate yours, add up the total debt you owe each month (such as for credit cards, other loans, bills, and so forth) and divide that figure by your monthly income before taxes. Multiply the result by 100. The answer is your debt-to-income ratio. Wells Fargo wants to see a ratio of 50 or less. Thirty-five or less would be better.
You can apply for a loan from Wells Fargo online by following these instructions:
Once Wells Fargo receives your application, a loan officer will process it. The bank will notify you of its decision.
You can also apply for the loan in person. Just go to your nearest Wells Fargo bank and ask to speak to a loan officer.
If you need any help from Wells Fargo, you can reach a customer service representative by phone or through the help forum.
GetHuman has been working for over 10 years on sourcing information about big organizations like Wells Fargo in order to help customers resolve customer service issues faster. We started with contact information and fastest ways to reach a human at big companies. Particularly ones with slow or complicated IVR or phone menu systems. Or companies that have self-serve help forums instead of a customer service department. From there, we realized that consumers still needed more detailed help solving the most common problems, so we expanded to this set of guides, which grows every day. And if you spot any issues with our How Do I Apply for a Loan from Wells Fargo? guide, please let us know by sending us feedback. We want to be as helpful as possible. If you appreciated this guide, please share it with your favorite people. Our free information and tools is powered by you, the customer. The more people that use it, the better it gets.