Refinance Help. Fill this form and get help!
GloriousNationalPartyBriefing02/25/2009
Four Banks today: Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo, and some others as well. 4.Create separate bad banks for each of ...
Wells Fargo Auto Finance...uuugggghhh?
I have had hell with this company and my car loan. This company bought my loan from Capitol One Auto Finance. With Capitol One I had great credit and had less stress paying my bill with them. Once Wells Fargo bought my loan out from them...I have nearly had my car repossesed. I cant even refinance no matter how much I put down and they dont let you pay your payment over the phone with a credit card...good luck with sending it in...it still doesnt get processed on time.
So here is the question...When I call in to make a payment they ask me why Im late...they say I HAVE to tell them why...I say...take my freakin money and shut the eff up...but seriously...do I have to tell them why my payment is late?
They will only accept a check by phone, transfer from an account or a Western Union Quick Collect...either way...your paying out your a-hole to get them to post your payment on your account.
No you don't have to tell them why it is late. They are trying to fish for information ... you lost your job, you gamble away your money, etc... See if you can set up automatic payments from a checking account if you have one.
Does anyone have a loan with Wells Fargo Auto? HELP!?
Does anyone else have loans through them? Are they as rude to you as they are to me???
I am a little behind on my loan and they call me 25x a day ( i'm not exaggerating! ) and then they ask me why I'm running late??? It's not their Business.
What have you done to resolve these issues with them? ( Don't suggest refinancing, because no one is financing cars right now)
Help! I can't deal with these rude people anymore!
The Calls are "generated by an automatic machine" they say!
I know what you are going through. I was in the same boat but I am not past due on my wells fargo auto loan. They called me at my job and home about 20 times from 8am to 8:30pm to ask me when I am going to pay before due date everyday until I paid on my date due. They called me like 10 days before the date due. They have done like this for a year before I started cussing them out really bad to the supervisor! I also told her I will seek lawsuit then they stopped call me. I haven't heard from them since 6 months. They are very nosy to ask me when I make a payment but I have been paying ON TIME for 3 1/2 years, Never late! I only have 6 months to pay off. I would never use this company again if I want to purchase other car in the future. The best thing to call them to speak with the supervisor to make them stop calling you at work or home. If she/he wont do it then you can file for harassment. Best of luck.
i need to refinance my auto-due to my current lender my credit scores under520.they screwed me bytheir mistake
my current lender is wells fargo bank [bad bank]i have a car loan thru them.i had made a over pay at the beginning of year. And was told i didnt need to make another payment till a couple months down the road,so i didnt i guess they just did an audit and say i owe them for it now and they are trying to say im five mths past due-but the statement i just recieved says i owe for nov and dec payments coming up...they told me to disregard it-i need to find help from someone to help me get out of this bank and refinanced...
Your description of your problem is not clear. Work on your sentence structure.
Contact Well Fargo and speak to the Customer Service Rep. Ask them to walk you through the process of setting up on-line access to the account. Then, log on to check the status and delinquency of any payments.
Unless you are getting a serious reduction in interest rate, there is no reason to "refi" an auto loan. Your best course of action is to pay the payments and pay it in full.
Wells Fargo - the hyena's of the banking game?
Heard of Bait and Switch? Here's an example. Joe at Wells Fargo Financial calls and says - "Come in to our office, we can refinance your auto loan, give you $750 cash back and lower your payments!" Of course we went in to check out what they could do. We get there and the guy is ALL about our MORTGAGE, which we have with a different bank. After explaining that we are NOT interested in home equity loans or refinancing the mortgage through Wells Fargo, suddenly he CAN'T do anything for us on the auto loan. He actually started arguing with us about how it doesn't make any sense to him that we wouldn't take him up on his fabulous offer!! WHOA NELLY! What the hell just happened here? You don't get your grubby f-ing hands on my house, and the deal is off? Well, all I can say is, that guy is damn lucky my 8 yr old daughter was sitting there with my husband and I because if not, I think he may have found his little calculator crammed down his goddamn throat. Better Business Bureau, here I come
I must say I am amazed. Wells Fargo is my best lender and to hear that one of their employees would do this is distressing.
By all means report the loan office to the BBB and to his boss as well.
It sounds like this guy is a commission-only sales guy who was desperate to get your business. You can file a complaint with the BBB, but it isn't going to hurt a company as big as WF. It's really just going to be a waste of your time.
refinancing an auto loan?
I need to refinance my auto loan it is currently through wells fargo, and WOW they are ridiculous! Every month ieither send in my payment, make it by phone or pay it online, and every month they are calling about the payment. I have to send them proof that it was paid. I understand that everyone can make a mistake but this company is just stupid! So i want to refinance my loan with another company. Know of any great ones? I would prefer to have a company that will only call if the payment is actually late, and not just missplaced by one of their workers.
Start with a local community bank or credit union. Keeping it local keeps it real.
The national lenders suck at customer service -- the main reason that I refuse to do business with BofA ever again. They fooked up a car loan on me over 20 years ago and I still haven't let them off the hook from that fiasco.
If you are having this type of problem, call their customer service department and complain.
As far as answering your question, there are several H.S.B.C., Citifinancial Auto Finance and Capital-One are all good banks. You can apply on line to all three.
To know more you can visit
http://www.debtconsolidationmanagement.blogspot.com
and
http://www.geteasyloans.blogspot.com
Refinancing a really bad auto loan, Credit Union Recommendations?
i have an auto loan that I got from Capital one right after Ch 7 discharge for 21k at 25% apr $557. I paid for it for 7 months and then had it refinanced through wells fargo for 20% apr $505 a month.
Obviously this is ridiculous to pay for a car and since im well past my discharge can I refinance again? Someone told me I should look at credit unions and Im wondering if someone can recommend a credit union i can check out online to maybe get my apr to a reasonable rate
Best thing you can do is go to your local credit unions and compare their offers.
http://best-loans.awardspace.com/autoloans.htm
However, before you sign the paper for financing your favorite set of wheels, do your homework to ensure that you get the best car-->finance option. You can apply for online car loans on the Internet, or get it from your car dealer.
(VERY good loans - c.cards - credit repair & score; info)
http://new-loans-center.blogspot.com
Good luck!
or
http://www.autoloan123.net/
Hope you will find the answer of your question.
Should I refinance my loan?
My current auto loan is with Wells Fargo (21%) that is 9 months old. I just got approved with Capital One for 18%. Should I refinance or call Wells Fargo to negotiate a lower rate. Keeep in mind that I am trying to improve my credit....Any and all advice will help.
i would!!!
The first thing you need to do to FIX your fico. Do not try to consolidate that is just an accident waiting to happen. Here is how a fico works. There are 5 key areas for your fico score:
1: record of paying your bills on time 35%
2: Total balance on your credit cards 30%
and other loans compared to your
total credit limit.
3: Length of credit history. 15%
4: New accounts and recent 10%
applications for credit.
5. Mix of credit cards and loans 10%
Your track record in making your payments on time is 35% of your fico score. you do not need a load of money to to make payment. Just make the minimum required on time. If you mail your payments make sure you mail them 5 days before the due date. If you pay online make sure it is at least 2 days before your payment is due. Do not write past due checks <---- this will not work.
Protect your credit history, because 15% of your score is based on how long your history is. The longer your history the higher your data points will be. The big down fall with everyone today is they think that canceling credit cards is helping them gain credit. When in fact it is hurting their credit. Canceling a card is wipeing out some important credit history. If you have to cancel and credit cards make sure that you cancel the newest ones first and save the long history. And waiting like 2 months before canceling another one, so the bureau willnot hit youall at once.
Manage your debt to credit ratio. Lets say you have a card with a 6,000 dollar limit. If you spend 3,000 dollars you now havea 50% ratio. The lower your ratio is the higher your fico will get. If your ratio is high ask your card company to raise the limit so you bring down your credit ratio. example lets say the company raise your ration to 12,000 dollars now your ratio is at 25% which isnow a lot better. Try to keep you credit ratio at 20% or less if possible, this has 30% riding on your fico score.
The other 20% of your credit is divided between new credit apps and a mix of your credit cards and loans. This is what your debt to income is. Lets face it banks would love to squeeze a quarter out of every dollar we make. Doesn't everyone? You need to establish a small debt to income ratio. Try to have smaller and less bills. This will help when applying for any loan. STAY AWAY IF ALL POSSIBLE FROM BANKRUPTSY.
I hope this helps. You can check your credit for free once a year.
if you go to http://www.annualcreditcheck.com you can review what your credit is.
Try to buy this book called the young fabulous and the broke it will help you step by step to get back on track.
Good luck pal.
It doesn't hurt to call Wells Fargo, tell them about your offer from Capital One and see if they'll match it...but the likelihood of that is probably pretty small.
Capital One is very reputable and known for good customer service so you certainly have nothing to fear with them.
Wells Fargo gave a car loan to someone in a different state using my social - what can I do?
Over a year ago I made a phone call to Wells Fargo about something and the lady asked if I wanted to refinance my car loan. I said my car is paid off, I don't have a loan on it, and I went on to find out that someone in Kansas (I live in Los Angeles) has a car loan using my social security number through wells fargo. It was clearly an accident - their phone number including the area code exactly matches my social lol. I went in person to the bank which is what the auto dept the lady transferred me to told me to do, but at the bank they said they can't give out any info on another client. I was at the bank recently and again was solicited about my car loan - 1 1/2 years later it is still there after I've told at least 5 people at Wells it's not mine. What can I do??? At least they're making the payments on time so I think the people have no idea the loan is on another person's social. Please help. Oh, and it's not on my credit report, prob. because the name is different than mine.
I can easily call the people up and their phone number is easy to remember considering it's my social, but then I'm scared they'll stop making payments on the car maybe or use my social for more credit or ? seems to risky to inform them. And I can't dispute with credit bureau since it's not on my credit, and wells fargo won't release any more info on it to me since it's not under my name!!
I've since bought a house and had my report pulled many times - it is definitely not on my report, but i get solicited about it every time I call Wells F. The very first time I found out, the operator was very sympathetic and nice, told me it was a brand new car and how much the loan was for and so on. I did call the police now that I remember, and I forgot what reason they told me that it's not something they can help me with. I called several police stations they all said the same thing they can't help me. I guess I'll just ignore it and hope nothing more happens with it.
That very first time I called, the operator said my social is the first 9 numbers of the phone number they have listed for "me" under the car loan (starts wtih 620). The loan was for 30 something thousand.
1. Call Wells Fargo and say you need to speak with someone regarding identity theft and explain what happened.
2. Call the police and tell them you want to file a report re identity theft.
3. Contact credit agencies (all 3) and tell them you want a credit freeze.
4. Request a copy of your credit report.
5. The bank should not give you any information regarding anyone else's account. It's not your business, you are only concerned about them using your social security # (I'm guessing you wanted personal info on that person). So, go thru the legal channels and get this person.
6. It could be a typographical error or not but they cannot change the records based on your verbal request, they have their own procedures. Maybe the identity theft route will make someone else look at the information and verify but in case, just make sure that person cannot refinance or get something else with your ssn again.
How can I assume full financial responsibility for an auto loan I co-signed for without refinancing the loan?
I co-signed for a vehicle for my son but now he wants to reduce his monthly expenses. I want to take over the payments and get him off the loan so he can go buy a cheaper car and be able to qualify for the financing. Is it possible to somehow get him off the loan without having to go through the bank and refinance? We live in CA and it is financed through Wells Fargo.
Simple answer is NO you can not assume full responsibility without refinancing.
It sounds like you were going to keep the car anyways. So why not keep the loan co-signed, and have him keep the car. You pay the loan as you were going to by taking over the payments. Then have him pay you what he can afford. This way he still has a car, you don't have to pay for the entire loan and it helps his credit. Just a thought.
just got approved for a refi auto loan but i miscalculated the number of payments can i modify them?
i have a loan through wachovia dealer services, but i have a co-signer. the co-signer wants off the loan because i am a financial risk to him. refinancing is not saving me much money but it will be in my own name and i dont have to worry about him taking the car which he has right now. with him i was paying around 270 and my interest rate was 11%. now capitol one approved me but for 48 months at 300 a pop which is okay if i buckle down, i think i will need the loan for atleast 3 years instead of 2. can i do that, i havent signed it yet. they gave me a higher interest rate, i have been through about 5 or 6 companies with no help. wells fargo and other banks you name it. they are not asking for anything down which is good but what should i do? as long as its in my name im happy but no other place will approve me. i feel like i am stuck with a cosigner and i dont want to be.
sorry i figured out that 48 months = 4 years, not 2 years.
If you want it in your name only, you have to refinance... What is an extra $30 for your independence? You may get a higher interest rate, but you have to decide if it is worth it.
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