Planning a home project, paying off debt, or pursuing something big? Wells Fargo Personal Loans offers a simple, fast, and hassle-free solution.
What you need to know about this loan:
- Fixed APRs starting at 6.99%, with discounts for automatic payments from eligible accounts
- Loans from $3,000 to $100,000, with terms between 12 and 84 months
- Same-day decision for most approved applicants
- You must have had a Wells Fargo account for at least 12 months to apply
Pros
- No extra fees: no origination, closing, or prepayment penalties apply
- Relationship discount: lower APRs for customers with auto-pay from a Wells Fargo account
- Fast funding: 96% of approved applicants receive their money the same day they sign
- Flexible usage: use the loan for home projects, debt consolidation, or anything else
- Fixed monthly payments: stable installments throughout the loan term
Cons
- Only for Wells Fargo customers: you must have held an account for at least one year
- May affect your credit score: a hard credit check is performed once you apply officially
Why choose Wells Fargo for your loan?
Compared to Chase Bank, Wells Fargo offers faster fund availability and a higher initial loan cap.
At Bank of America, some loans include origination fees, making Wells Fargo a better value overall.
U.S. Bank tends to have stricter approval criteria and less flexibility in loan amounts and terms.
Capital One offers lower personal loan limits, while Wells Fargo lets you borrow up to $100,000.
Unlike WebBank, which offers shorter terms, Wells Fargo allows repayment in up to 84 months.
Wells Fargo Personal Loans: let’s get to know it a little better
How to apply for your Wells Fargo Personal Loan
In just a few clicks, you can check your personalized rate without affecting your score. Click below to see all the details.