At a Glance
Rates & Fees
Key Features
Only available to existing Wells Fargo customers who have held an account for at least 12 months
No origination fee, application fee, or prepayment penalty
Rate check tool with no impact to credit score
Loans up to $100,000 with terms as long as 7 years
Pros & Cons
Pros
- Competitive low-end APR for existing customers with strong credit
- No origination or prepayment fees
- Large loan amounts up to $100,000
- In-person support at thousands of branches nationwide
Tradeoffs
- Must have held a Wells Fargo account for at least 12 months to qualify
- Minimum loan of $3,000 excludes smaller borrowing needs
- Loans under $5,000 are capped at 3-year terms
- Wells Fargo does not publicly disclose its minimum credit score
How to Apply
Check your rate with Wells Fargo — most personal loan lenders let you pre-qualify with a soft credit check that doesn't affect your credit score.
Compare the estimated APR, term, and monthly payment against at least one other lender before committing.
Gather proof of income, identification, and bank account details for the formal application.
Submit the full application directly on Wells Fargo's site; approval typically requires a hard credit inquiry.
If approved, review the final loan agreement for the origination fee and funding time (as soon as same day for existing customers) before signing.
How It Compares
Current product highlighted| Product | APR Range | Loan Amount | Origination Fee |
|---|---|---|---|
| Wells Fargo Personal Loan | 6.74%–26.74% | $3,000–$100,000 | None |
| LightStream Personal Loan | 7.24%–24.89% | $5,000–$100,000 | None |
| SoFi Personal Loan | 6.99%–35.49% | $5,000–$100,000 | None (optional fee for lower rate) |
| LendingClub Personal Loan | 5.96%–35.96% | $1,000–$75,000 | 0–8% |
Rates and terms shown are illustrative as of 2026 and vary based on creditworthiness, income, and loan amount — always confirm current terms directly with the lender.