At Wells Fargo, you’ll work with a dedicated student loan consultant who can help you complete the application and determine what your new monthly payments will be.Public and private student loans have been on the scene for decades; helping countless college-aged borrowers earn academic degrees.Call the customer service numbers and ask if they offer a financial hardship program. Ask for an interest rate reduction or permission to make a smaller than normal minimum payment, so you can avoid a costly late fee or a major hike in your card's interest rate.Wells Fargo offers unsecured personal loans and personal lines of credit.I am overwhelmed by my debt, especially my credit card debt.My two biggest credit card debts are both with Wells Fargo. Private student loans are financed through a non-government lender, such as a bank.
The bank offers both fixed and variable interest rates: You’ll pay no origination or application fees.
Once you qualify, you may get a lower rate, or you may choose to lengthen the time it takes to repay your loan to help lower your monthly payment.
Of course, extending your repayment time may add more interest over the life of your loan.
To be eligible to consolidate your loans, you must meet the following requirements: You can consolidate up to 0,000 in private loans at a time, up to a 0,000 lifetime limit.
The bank offers 15- and 20-year terms, which will be determined by your loan amount.