Wells Fargo Education Financial Services E 58th St, Sioux Falls

$1100/month student loan payment = $4000 balance paid off in 5 years. They are getting out of the business for good reason. Wish I could go tell my 18yo self that accepting a loan from them with 9% interest rate will be the dumbest move you will ever make

I was mailed an advertisement for a loan by this institution that was intentionally packaged to look like tax information. This is not ok, and the next time I need a loan I will intentionally choose a different bank, with a higher interest rate, if need be, to avoid validating this type of behavior. If this continues I will happily switch banks as well.

Never get any loan from this bank. You will have no way out. No customer service, rather they lies and no consistency..

Note: This department operates on CENTRAL Time--not Mountain Time. I phoned them today and they were very polite and patient with me. Make sure your 10-day pay off quote PAYMENT arrives BEFORE the 10th day. I just had to pay $0.91 over the phone in order to pay off the loan completely. This is because the check payment didn't clear the banks before the 10th day.

Wells Fargo education services is a disservice to the borrower, the mandatory co-signer, and the community. The late fees are exorbitant and the computer loan system that Wells Fargo education services uses is outdated and inadequate. A on-time payment was made that was $0.70 short which caused a late fee (60% of monthly payment) to be assessed.