Wells Fargo Bank Offers New Tools To Overcome Debt
Sunday, December 14, 2008, 12:02 AM | Leave Comment
One of the nation’s most stable and largest banks, Wells Fargo, has unveiled a new tool kit for customers to help them get out of debt while they are still living. The bank has rolled-out three types of tools for customers: Debt Pay Down Solution, Cash Back Cards, and Smarter Credit.
Debt Pay Down Solution
The Debt Pay Down Solution enables customers to consolidate their existing high-interest debt so they would be able to make lower monthly payments through a Wells Fargo personal loan.
This tool has three steps to it:
Cash Back Cards
The “Cash Back Card” and the new “Cash Back College Card” offers a full 1% in cash back. Once customers have earned $25, they can apply that money toward one of the following:
- A personal loan
- Line of credit
- To decrease their card balances
- Add the cash to their savings/checking accounts
- Get it in a check.
Customers also can add their Check Cards to the “Cash Back” program at no cost to earn 0.25% on their signature debit card purchases.
Smarter Credit
This program assists customers to:
- Establish or rebuild credit
- Information on how to order free credit reports
- Learn money skills for life through Wells Fargo’s Hands on Banking program.
For more information visit: Wells Fargo
As always, if you want to be on a path of financial success:
- To invest, find a good financial adviser.
- To be debt-free, find a good credit counselor.
