Is Wells Fargo a Good Student Loan Consolidator?

Wells Fargo a leading mortgage company in the US. It is very popular for the 1000 branch network operated by it through out the US and the rest of the world. The major share of income comes from mortgage lending. Apart from mortgage service Well Fargo is known for its Student Loan Consolidation service. It is a trusted name in student financial aid. It is one of the best performing private finance company specializing in student loan consolidation lending services. The company has been in existence for a long a time now. It is one of the best Student Loan Consolidators.

Student Loan Consolidation Services by Wells Fargo

- It is one of the most customer friendly student loan consolidator.

- It is very easy to avail Wells Fargo Students loan with its simple processing.

- The loan schemes are designed keeping the welfare of the students in mind.

- Well Fargo specializes in offering loans to first time borrowers and those students who are willing to pursue higher education before repaying the existing loan.

- Maximum amount of consolidation loan offered is upto $120,000.

- No origination or disbursement fee charged.

- No penalties charged for prepayment before due date.

- Student consolidation loans are offered at lowest of interest rates.

- Online enrollment is possible to make consolidation loan application.

- Percentage discounts are offered on the interest rates, for online enrolment for a consolidation loan program.

- Consecutive payments for a certain number of times results in reduction in interest rates.

- Where a loan is applied along with a co - signer, the co - signer can be released after 24 consecutive timely repayments.

- Auto debt facility results in reduction in interest rates.

- Apart from US citizens temporary residents can borrow upto $25,000.

Mark C Brown

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