I was looking for a small auto loan, and Wells Fargo was one of the only ones that did not have a $7500 minimum. I applied and the representative said I was approved, but could not give me even the slightest inkling as to what my interest rate would be until I picked out a vehicle. I thought that was odd, but acceptable to make sure I picked a car worth investing in. I spent a week looking for a car, all the while getting phone calls DAILY from Wells Fargo needing more information (insurance card, drivers license, pay stub, W2 forms, etc.). I also applied at other places for financing at this time and received offers ranging at about 6% (my credit score is 690).

I finally found a car (a 5 year old Hyundai) and called Wells Fargo with the vehicle information. They told me to have the dealer fax them a purchase agreement, and he called me stating what a pain Wells Fargo was being and how they asked for more and more information within hours of receiving the agreement. I got on the phone with the representative and was told that they could certainly finance that car, but it would take at least 4 days for a title rep to come out and this and that. The whole process seemed WAY too complicated than it needed to be. FINALLY he tells me the interest rate...17.5%!!! I told the representative no way, no how.

I ended up spending a little bit more than I intended, and the dealership I ended up buying at was able to get me a 4.5% interest rate with Suntrust bank. I am livid at Wells Fargo for leading me on for weeks, for disrupting my work hours with multiple calls for more information, and most importantly, for trying to SWINDLE ME for every nickle and dime they could. I will tell everyone I know to stay away from Wells Fargo for ALL their banking needs and will never again make the mistake of attempting to use any of their "services" in the future.

Wells fargo auto finance take auto insurance on the car and time laps in between the time i had a appointment with another insurance it laps in sept. and could only get a appointment with other company to cheaper insurance on the car i got the instance november as soon as can. I am disabled person and i don't have a lot of money and wants. They charge a lot of finance charge on my car they charge me 24,000.00 for a 12,000 car which was to much for finance charge.