Wells Fargo also offers fixed interest rate loans, ranging from 7.49% to 12.29%.
The length of repayment is 15 to 20 years depending upon the total amount of debt borrowed, and there is no penalty for paying off your loans early.
As far as qualifying for Wells Fargo consolidation, a minimum yearly income of $12,000 is required, but in most cases a credit worthy cosigner is also necessary.
Wells Fargo does offer a cosigner release program, but 24 on time monthly payments are required, and the borrower must be able to pass a credit review on their own.
One of the big fish in the private student loan consolidation game is Wells Fargo.
With Wells Fargo you get a company that has been around for a very long time, and offers financials services in line with traditional market standards.
Wells Fargo also offers extra benefits to its current customers.The Basics Interest rates currently start at 4.00% for Wells Fargo variable interest rate loan consolidation.However, this number can get slightly lower if you qualify for any of their discount loan programs.The variable interest rate loans currently max out at 8.75%, but are subject to increase with…One of the big fish in the private student loan consolidation game is Wells Fargo.Interest rates currently start at 4.00% for Wells Fargo variable interest rate loan consolidation.The variable interest rate loans currently max out at 8.75%, but are subject to increase with the market.