Wells Fargo Bank offers Personal Loans


Wells Fargo Bank offers personal loan between $3,000 and $100,000. with repayment period of  12 to 60 months.

During these uncertain economic times, most people are facing situations which require monetary assistance. Whether it is for home improvement, emergency, paying school fee, family vacation or for consolidating debts, a personal loan will be of great benefit due to its low-interest rate; it is safe and reliable.

It is a form of an installment credit which is unsecured, is based on the client’s ability to pay, and has partial repayments. The loan is flexible to use such as for buying an iPhone or purchasing an estate, and the lender will never ask you the reason for obtaining it.

Therefore, the line of credit is an attractive financing option for borrowers with a wide range of purposes.



Loans and Interest Rates

To obtain a flexible loan with Wells Fargo Bank, the minimum and the maximum amounts you can request are $3,000 and $100,000.

The repayment period of the personal credit ranges from 12-60 months: 12-36 months for loans below $5,000 and one-five years for loans above $5,000. The interest rate limits between 6.99%-23.99% per annual and the Annual Percentage Rate depends on the quantity of the investment you apply. Besides, no charges on prepayment penalty or the origination fee, and the credit does not necessitate collateral formalities.

For instance; if you borrow $10,000 for a five-year term with a chargeable rate of 12.99% per year, and assuming that you repay all the money promptly, the total amount of cash payable, inclusive of the interest is $13.648.77. In the application process, your APR will depend on; the credit history and capital requested.

How to Apply for Wells Fargo Bank Loan

Typically, you can apply for a USD loan easily through a simple Online application or via your local WellsFargo bank branch. If the credit request becomes a success, the company will finance your account on the following business day.

Also, you will be able to view the loan transactions through the Online banking system if, when you were applying for the loan, you provide the details such as your email address.