Eligibility requirements:
- Have a Wells Fargo account open for at least 12 months
- Meet Wells Fargo’s credit evaluation criteria
- Provide proof of income and up-to-date documentation
- Have a Wells Fargo checking account to qualify for the auto-pay discount
Wells Fargo Personal Loan application steps:
- Visit the official Wells Fargo personal loans page
- Check your personalized rate without impacting your credit score
- Choose the loan amount and term that fits your budget
- Submit your application online or by phone
- Once approved, sign and receive funds on the same day
Frequently asked questions
How long does it take to get approved for a Wells Fargo loan?
Most customers receive a decision the same day, shortly after submitting a complete application.
Is it required to explain why credit is being used?
No. This is a personal loan and can be used for anything, such as home improvements or debt consolidation.
Do I need to have a good credit score to be approved for a Wells Fargo loan?
There’s no official minimum score, but better terms are offered to applicants with good credit history.
Can I apply for a loan if I am self-employed?
Yes, as long as you can verify your income and meet the institution’s requirements.