
Wells Fargo Personal Line of Credit
in Personal Lines of Credit from Wells Fargo Bank
Would you recommend Wells Fargo Personal Line of Credit to your friends?
Community Rating | Mostly recommended |
Loan Amount | $3,000 - $100,000 |
APR (Variable APR) | 9.5% - 21% |
Number of Reviews | 5 |
Wells Fargo Personal Line of Credit Review
Wells Fargo Personal Line of Credit is offered by Wells Fargo Bank, a bank founded in 1852 and based in San Francisco, CA. Wells Fargo Personal Line of Credit is available in 50 states (and Washington, DC).
What APRs does Wells Fargo Personal Line of Credit offer?
Wells Fargo Personal Line of Credit offers a product that ranges from 9.5% APR up to 21% APR.
Does the Wells Fargo Personal Line of Credit charge an origination fee?
No, Wells Fargo Personal Line of Credit does not charge an origination fee.
An origination fee is what some lenders charge for processing, underwriting, and funding a line of credit. These fees can range from 0.5% to 5% of the line of credit amount. Whenever possible, go with lenders that don’t charge origination fees.
Does the Wells Fargo Personal Line of Credit charge a cash advance fee?
No, Wells Fargo Personal Line of Credit doesn't charge a cash advance fee. Some lenders charge a cash advance fee every time borrowers withdraw cash from their line of credit. Typically, fees range from 0.5% to 10% of the amount withdrawn.
Does the Wells Fargo Personal Line of Credit charge a statement balance fee?
Does Wells Fargo Personal Line of Credit charge a late fee?
Yes, Wells Fargo Personal Line of Credit may charge borrowers a late payment fee.How much can you borrow via Wells Fargo Personal Line of Credit?
Upon approval and based on your credit worthiness, your Wells Fargo Personal Line of Credit personal line of credit will be assigned a credit limit of at least $3,000 and as much as $100,000. .
Cash Advance Fee | N/A |
Origination Fee | No |
Prepayment Fee? | No |
Late Payment Fee | No |
Statement Balance Fee | No |
What do you need to qualify for Wells Fargo Personal Line of Credit?
Wells Fargo Personal Line of Credit does not require or does not disclose a credit score minimum.Wells Fargo Personal Line of Credit does not have or does not disclose a minimum annual income eligibility requirement. Wells Fargo Personal Line of Credit only considers borrowers who are employed. Note that borrowers can add a co-borrower to either meet eligibility requirements or qualify for lower interest rates.
The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members and their covered dependents are eligible to apply for a loan via Wells Fargo Personal Line of Credit. Their rates fall within the limits of The Military Lending Act.
To qualify, applicants may need to provide the following documentation:
- Recent pay stubs
- Proof of income
- Proof of identity
- Proof of residence
What is the estimated funding time for a personal line of credit via Wells Fargo Personal Line of Credit?
Wells Fargo Personal Line of Credit will typically approve (or deny) a line of credit application within 24 hour s and fund personal lines of credit within 3 business day s of approval.Does Wells Fargo Personal Line of Credit report your account activity to credit bureaus?
Yes, Wells Fargo Personal Line of Credit reports your account activity to the following credit reporting agencies:
- Equifax
- Experian
- Transunion
Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.
How to apply for Wells Fargo Personal Line of Credit
- Visit the Wells Fargo Personal Line of Credit website.
- Fill in the application form. You will typically need to provide general information such as your name, address, email address, Social Security Number, source of income and employment, and checking account information.
- Check the information is accurate and submit your application.
Contact
- Headquarters
-
420 Montgomery Street
San Francisco, CA 94104 USA - (800) 877-4833
- Visit Site
Other Services by Wells Fargo Bank
Availability
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Washington, DC
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Feature Breakdown
No Origination Fee | |
No Prepayment Fee | |
Annual Fee | $25 |
Wells Fargo Personal Line of Credit Community Reviews
Would you recommend Wells Fargo Personal Line of Credit to your friends?
- Citadel Personal Line of Credit
- CreditFresh - Line of Credit
- Echo Credit
- First Bank and Trust of New Orleans Personal Line of Credit
- First Bank and Trust of Texas Personal Line of Credit
- MEMBERS1st Community Credit Union ME1st Line of Credit
- Members First Credit Union of Florida Lifestyle Credit Line
- PenFed Personal Line of Credit
- Regions Credit Line
- SunTrust Select Credit Line
- US Bank Premier Line of Credit
- United Federal Credit Union Personal Line of Credit