Wells Fargo offers up to $100,000 in loans that can be used to cover emergency expenses. On approval, the loan can be funded as soon as the next business day. Wells Fargo offers three major types of emergency loans including Personal Loans, Home Mortgage Loans, and Auto Loans.
What to Know About Wells Fargo's Emergency Loans
Wells Fargo's emergency loans can be accessed by borrowers who meet the credit score required, have enough income to make the monthly payments, and are 18 years old and above. They generally feature:
- Funding Timeline: 1 Business Day
- Available Loan Range: $3,000-$100,000
- Loan repayment term: Ranges from 12-84 months
- Interest Rates: range from 5.99% to 20.99% Annual Percentage Rate (APR)4, which includes a relationship discount of 0.25%
Personal Loans
Wells Fargo's personal loans are offered at competitive fixed rates, with no prepayment penalty, and no origination fees. Once you apply, you will get a quick credit decision, typically on the same day. They also offer debt consolidation services to help clients properly handle debt.
Home Mortgage Loans
Wells Fargo's home mortgage loans are offered to help clients cover emergency mortgage costs ranging from home repairs to kitchen remodeling, HVAC replacement, and home renovations. The application process involves getting an estimated monthly mortgage payment based on your income, monthly debt, down payment, and location.
Auto Loans
Wells Fargo offers auto loans to customers who are behind on car payments or unsure about future payments. They work with nearly 11,000 industry-leading dealerships with over 50 years of experience in their network, to provide vehicular financing to qualified customers.