100k Wells Fargo Personal Loan?

[GregB]

You have zero chance.

Almost no credit history. Very, very short work history. Not enough income.

You haven't stated but I'm assuming that you don't have a net worth of at least $1,000,000.

Do you have any idea what it takes to qualify for a personal loan of $100K?

[Anonymous]

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@Jonbuck06 wrote:

i mean someone must be able to get them if they werent able to i dont think wells fargo would offer unsecured loans up to 100k.

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Yes, but if they gave a $100k personal loan to everyone who makes $100k+ pre-tax, they would be handing out loans left and right.  Though it's much more than I make, $100k is not an incredible income.

Of course, you have a much better chance if you have a good reason for requesting such a large personal loan.  Clue us in?

[ADARPegasus]

Heart surgery and medical won't cover it and no credit history? I have over 10 years of credit history

[ADARPegasus]

oh and I must have calculated something wrong according to my last 3 checks I net $4632.44 every 2 weeks.

[ADARPegasus]

Ill let everyone know how it goes!!

[Anonymous]

I don't want to pry...but is this for someone not covered by your medical insurance? That'd be crazy if your insurance wouldn't cover that procedure for you/your dependants. You need to let the hospital/surgeon know that this is coming directly from your pocket.

I personally hope they give you the max + for whatever you qualify for. You might need a plan B to make up the difference though. 401k loans...HELOC if you have a house not underwater, donations/loans from family. Again, best of luck.

[awal]

I hope things work out for you, but I just dont see banks in this economy handing out a blank check for that amount. I'm no loan officer, but I would think the low credit limits you have and recent credit you've applied for is going to be a negative.

[pmbrian]

Zero chance, sorry.

Do you have assets with equity in them? WF is conservative and my quess is that you would nee to be making $300K+ per year, and have significant deposits on records with them for that kind of personal unsecure loan, but good luck.

[Anonymous]

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@Jonbuck06 wrote:
oh and I must have calculated something wrong according to my last 3 checks I net $4632.44 every 2 weeks.

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By net do you mean after taxes and all other monthly bills?  Or only after taxes? 

[ADARPegasus]

i have no monthly bills and yes after taxes i applied yesterday and they said i should recieve a answer today!!