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.
After thousands of Wells Fargo customers came to GetHuman in search of an answer to this problem (and many others), we decided it was time to publish instructions. So we put together How Do I Apply for a Loan from Wells Fargo? to try to help. It takes time to get through these steps according to other users, including time spent working through each step and contacting Wells Fargo if necessary. Best of luck and please let us know if you successfully resolve your issue with guidance from this page.
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