Refinance Student Loans With Wells Fargo

Wells Fargo’s CEO Is Out As An Employee. Will He Be Fired?

Wells Fargo CEO Tim Sloan was just fired! But what should investors make of this news? The recent fires at Wells Fargo have not slowed down since they came to light, and sales staff allegedly sold $225 million dollars of products, on average, to each customer in over 1,500 transactions. One could even argue that the scale of the fraud is bigger and may ultimately result in complete bankruptcy. From its employee bonuses, to the stock price explosion, it has been a whirlwind for those involved. In fact, a number of high profile departures included that of former CFO back in November 2017, who headed to Citigroup for a role in wealth management.

In March 2016, President Obama signed the Dodd-Frank bill after a 30 day public comment period, which brought about many changes – Block Chain being one of them. Many banks, including Wells Fargo, have been calling for regulations relating to blockchain technology.

A prime example of how they want to rid themselves of funds and drug deals associated with money laundering, was seen in October 2016, when over 10,000 text messages were released between Wells Fargo employees were exchanged. This led to a lawsuit from the U.S. Commodity Futures Trading Commission that forced the bank to temporarily suspend trading in certain futures contracts. This came after the CFTC received evidence that Wells Fargo’s traders had placed bids on behalf of their own customers. Still, the problem persisted, and we saw the departure of yet another senior executive.

We recently learned that two big executives are leaving the company: John Shrewsberry and Carrie Tolstedt. Both left the board of directors due to scandal surrounding their involvement in the fraudulent practices and the resulting penalties set forth by regulators. To add insult to injury, Tolstedt took home $16.9 million dollars in total compensation in 2018, according to CNNMoney records.

But here’s where things start getting interesting. According to the lawsuit filed last month, the bank failed to notify regulators regarding suspicious activities taking place in 2013 and 2014. These activities included accounts created without customer authorization, fraudulent activity such as auto insurance claims and mortgage loan applications. There are still more than 2.1 billion active checking accounts at Wells Fargo. Their reputation has taken a hit, and they are trying to regain consumer confidence, but do they have what it takes to survive the crisis?

Refinancing Student Loans with Wells Fargo

Getting student loans to finance your education is often the best decision you’ll ever make. However, if you decide to take out private student loans instead of federal ones, you may have trouble paying them back. That’s where refinancing comes in – it lets you lower your interest rate, pay off your loan faster, and even get cash back! Here’s how Wells Fargo can help you refinance your student loans.

How Will You Benefit?

By refinancing your student loans with us, you can save big money each month while reducing the amount of time they take to pay off. If you have federal Stafford loans, we can reduce your interest rate by 0.125% per year for 10 years. And if you have private student loans, we can cut your interest rates by 0.25%.

Get Started Today

If you want a lower interest rate without giving anything up, talk with our customer service agent today. We’re here to help, and we offer a variety of loan programs for any type of situation. Just give us a call at (888) 935-6848, use our online chat option, or drop us an email. We’d love to hear from you!

Refinance Student Loans With Wells Fargo

Description: Refinancing student loans can save students thousands of dollars, but students often aren’t aware of this option. An estimated $77 billion in student loan debt was outstanding in January 2014. So where do students who have already consolidated their federal and private loans go to refinance their accounts? Surprisingly (or not), they turn to Wells Fargo. If you’re concerned about paying too much for private student loans, then refinancing might be right for you. That’s why I decided to refinance my own student loans, and here’s what i learned.

Step 1: Calculate how much money you owe… how much you have borrowed actually. My debt was £31,000 for tuition and accommodation, plus around £13,000 in additional borrowing if I have paid off any bank card debts.

Step 2: In order to figure out how much money you have borrowed just calculate 24 x monthly instalments. I had calculated 22 months but then the last month showed as zero on my statement, so it was a 23-month calculation.

The Interest Rate was 5.29% per year. QuickMath did this on Dec 14th 2013.

My total loan amount should pay off around April 6th 2015.

This video is only meant to help people look at what they use credit cards and unsecured debt for. I am envious of those who have little to no balance on their card, however I know it seems really intimidating to not even have a minimum payment.

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I written a book! It now has a third edition called Debt Free Forever and it’s been translated into Chinese. Visit my blog and podcast!

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