Wells Fargo: Best Debt Consolidation Company for high amounts of debt

Wells Fargo is a well-known bank that should be able to help most people with debt reduction. Few lenders can match the $100,000 loans it provides, and repayment terms can be as lengthy as seven years. There is also the possibility of submitting joint applications, as well as rate discounts for existing bank customers and no costs.

While new clients will need to visit a Wells Fargo branch to get started, the opportunity for a face-to-face consultation and advice is sure to appeal to many people who prefer a more personal experience with their finances than is often accessible through online-only lenders. Wells Fargo is a well-known bank that should be able to help most people with debt reduction. Few lenders can match the $100,000 loans it provides, and repayment terms can be as lengthy as seven years. There is also the possibility of submitting joint applications, as well as rate discounts for existing bank customers and no costs.

While new clients will need to visit a Wells Fargo branch to get started, the opportunity for a face-to-face consultation and advice is sure to appeal to many people who prefer a more personal experience with their finances than is often accessible through online-only lenders.

Application: New customers in-branch; existing online or phone

Minimum credit score: 620

Loan amount: $3,000 - $100,000

Loan term: 12 - 84 months