If it is your first time taking a loan or you are looking for reliable financial organization than you should apply for wells Fargo personal loans. Wells Fargo offers is one of the best and famous banks in United States. Their loan policies are easy and adjustable according to one’s situation.
Requirements for wells Fargo personal loan
For secured loans there is no credit requirement. You just need an asset that is of equal or greater value than the amount of loan. That asset is to be put up as collateral.
Wells Fargo personal loan, for unsecured loans you need a good credit history and stable monthly income. You don’t need to put up an asset as collateral in unsecured loans.
Wells Fargo personal unsecured loans
- Wells Fargo offers unsecured loan and unsecured line of credit.
- Unsecured loans are a specific amount of money that you borrow for a specific amount of time.
- The interest rates on these loans are higher and payment duration is shorter.
- Unsecured line of credit loans have a limited amount of money. A limit is set on the monthly expenditure and the borrower only has to return the amount they spent. The interest rates and payment duration are flexible.
- Wells Fargo offers $3000 to $100,000 in personal unsecured line of credit.
Well Fargo personal secured loan
In secured loan you have to put up and asset like property, gold, jewelry, home etc. as collateral. The asset should be of equal or higher value than that of your loan. Secured loans take longer to be approved but you can borrow a larger amount. Also the interest rates are lower relatively. The payment duration is also longer.
Online banking at wells Fargo
Wells Fargo also accepts personal loan and line of credit loan applications online. To apply online you need to have an account in wells Fargo and you should be registered online.
- For online registration click on the link: https://onlineservices.wellsfargo.com/auth/login/present
- There at the bottom of the sign in options you will see a “sign up” option highlighted in blue.
- There you will be asked of your personal information. Fill it and then click on continue.
- Repeat the process and finally you will see finish option. Click on it.
- You will be registered online.
Now you can use online banking services by wells Fargo. You can apply for a loan, transfer funds and avail many other services.
- You can calculate your monthly payments through wells Fargo’s loan calculator at home
- If are thinking of getting a personal loan, you can also calculate your monthly payments of your loan through loan calculator before visiting the bank itself.
Wells Fargo offer discounts on personal loans to borrowers who are a member of wells Fargo. Also to those who have maintained a good credit history at wells Fargo savings or deposit account.
- For more information you can contact wells Fargo customer service or you can visit your local branch
- Customer service 1-800-289-8004
- Locate your local branch https://www.wellsfargo.com/locator/ausearch/