Our verdict
Wells Fargo offers competitive unsecured personal loans. Rates start at 7.49% to 23.24%, with relationship and autopay discount of 0.25%. There's also a 0.50% interest rate discount for select checking accounts with autopay. Wells Fargo doesn't charge origination fees or prepayment penalties on its personal loans, either. However, minimum loan amounts are higher than some competitors, requiring you to borrow at least $3,000. While Wells Fargo may be one of the largest banks, it has some major scandals noted in the last 10 years.Best for: Existing Wells Fargo customers in need of a large personal loan.
- Competitive rates and generous rate discounts
- No origination fees or prepayment penalties
- Know if you're approved typically within the same day
- Overwhelmingly negative customer reviews
- Recently fined by regulators for record $3.7 billion
- Must borrow at least $3,000
I have a loan with Wells Fargo and it will be paid off next month . I would like to know if I can get another loan same amount of money
Hi Doris,
Thanks for your inquiry!
Generally, you can get another loan with the same lender if you have good income and good credit score and other eligibility criteria which lender or bank will ask. Also, your previous loan must be paid off first before getting a new one.
Speak with your current lender and ask how you could go about applying for another loan. Should you need further assistance, feel free to reach out to us again.
Regards,
Nikki