Wednesday, June 8, 2011

Wells Fargo Offering Fixed Rate Student Loans

Wells Fargo's taking a step away from the rest of the pack, and is offering fixed rate student loans. KCCI reports Wells Fargo's fixed rate student loans will run from 7.75 and 14.25%, depending on the credit score of the applicant and/or cosigner, usually a parent. Wells Fargo's fixed rates are higher than the 6.8% rate charged on most federal student loans. Federal loans also offer safeguards that do not come with private student loans.

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