Wells Fargo Auto Loans Reviews

Worst company to ever finance a loan through. They’re charging me $5.32 a day just to have a loan with them and they’re horrible. Don’t do it. Go with somebody else if you have a chance. They sick so bad.

Avoid at all costs. They will continually mess up your auto-pay and they love to scam consumers out of late fees. Not a surprise given all the news this company constantly receives. This company should be investigated and shut down.

This company has something they call “simply interest” but it’s far from simple! They charge you for a auto loan as if you are paying a credit card! And they don’t tell you how to avoid this additional interest. It’s very predatory and it’s designed to keep you paying well beyond the loan's term.

They are so upset that I’m ahead on my loan. They keep sending letters and crap making it like I’m behind and there may be fees etc. Never late and now I’m gonna pay it off. I would never recommend this crap company.

A representative called me back on June 22nd about the status of my account because a payment wasn't made for the month of May. I was aware of the payment not being made because I was going through a financial hardship. I then proceed to ask the rep for payment assistance mainly a payment deferral for 3 months. Which is out of the ordinary for me being that I always make my payments on time or before they were due in the whole 2 1/2 years I have had my auto loan.

I called to report Fraud on 5/10/2021 and sent affidavits and DOJ letters regarding fraud by my ex wife to email they gave me. I never heard back. I followed up 6/15/2021 by calling & Erica the CSR told me they don't have my email but said my ex wife called on 5/12/2021 which raised a RED FLAG that they told her I sent information regarding FRAUD. I was transferred to Angela ** who was VERY RUDE & wouldn't allow me to speak just kept over talking me. I asked for the email address to the FRAUD dept because she claim the email address I was given was wrong. She would never give me the correct email address I asked for. She just kept asking me what type of fraud? I said regarding my auto loan because this is the auto loan dept.

Please help me understand how Wells Fargo can misplace money from overpayment of loan payoff and misplace proceeds of canceled warranty refund after both checks have been crashed and stamped pay to the order of Wells Fargo. Since April 29, 2021 I've been waiting for $1,046.13 that's due to me. My case has been isolated to the office of the president (Wells Fargo) Senior level of consumer support, but weeks later nothing resolved. Perhaps a Bank that can't handle checks and balances shouldn't be in the financial profession. I guarantee you Wells Fargo would've waited this long for late loan payment without daily phone calls and accessing interest, late fees, and penalties. Never again will I do business with Wells Fargo. Consumers beware.

I recently refinance my car loan with another company for a lower interest rate. I called the Dealer and canceled my GAP insurance. They said Wells Fargo is responsible for the refund and they will send it in the mail. Three months later and I call Wells Fargo and they told me to contact the Dealer and it wasn't their responsibility. At this moment I am very frustrated so I call the Dealer and spoke to the Finance Manager who was wonderful. She said she would call them and take care of it. Well she calls and after a back and forth they finally admit that they are responsible for the refund but very rudely tells us to read the contract because they have 120 days to issue the refund. Never get a car loan through this company. I have never had trouble getting a refund for Gap insurance before. I just hope I get the refund back from them.

This department is entirely incompetent. Avoid them at all costs. I wouldn't wish my worst enemies to have to do business with these scumbags. I have been waiting for them to "process" a warranty refund for 3 months. I've talked to five representatives all of which advised that the refund is "processing".

My husband bought me a car as a gift. 20000.00 loan. He passed away from cancer. I paid down to 4200.00 and had trouble due to covid. They refused to discuss with me, only my dead husband. They took the car like a thief in the night. DO NOT DO BUSINESS WITH THEM. No compassion...

They recently repossessed my vehicle a week before Christmas. It was 2 months past due and I had just got a new job after losing a great job due to covid. They weren’t even willing to work with me. They said I ran out of referrals and there’s absolutely nothing they can do. I owe less than a year on a $30k vehicle so by taking my vehicle they come out with a lot of money. These people have no heart. You would think they would need more generous during a deadly pandemic. I’ve had nothing but issues in the 5 years of dealing with them. STAY AWAY!!!

Wells Fargo Auto clearly states that if your account is three months ahead, future payments will go to principal only. My account is four months ahead, I paid another payment a week ago. To my surprise, the payment was charged interest. I screamed. I called Wells Fargo and was told that it was a computer error. The representative corrected the payment, but now I refuse to make any more online payments.

Confusing accounting practice used by Wells Fargo. Making principal payments is frustrating. As the company has had to make reversals to ensure my principle payments do go to principle. So very frustrating.

After submitting all corresponding documents showing Eastern's Auto committed the fraud Wells Fargo also determined it happened. After months of waiting and the final determination was Wells Fargo will credit me $25 or dealership agreed to cancel the loan and take the truck back but I was out all the payments made thus far? What?!? I asked from day 2 after purchase was made and realized what occurred I wanted to cancel the loan. Ultimately they held up to their reputation of unethical business practices towards their clients siding with the dealership who committed the fraud. Beware, go get financing elsewhere!!!

Wells Fargo Auto Loan department is very poorly done. I have been waiting for a lien release letter form from them for 4 month. I have called asking about why I have not received the letter yet. I can not get tags updated without it. I have a car I can not drive with expired tags. Every time I call they said they will overnight the letter to me since they have been sending it to a address that I told them I have not lived at in 3 years every time I call. I would not recommend financing with Wells Fargo if they can not get the documents to you or even a title mailed to the correct address.

I hope there is an option for PRINCIPAL ONLY PAYMENT ONLINE! Every time I called and specifically told the agents I want to make a payment towards the PRINCIPAL ONLY, they posted it wrong EVERY SINGLE TIME! And put it on the advance months payment. I need to call them AGAIN and tell them to adjust it because they POSTED it WRONG! We worked hard for every penny we got, the DAILY interest rate is big deal to us. (I know you don't care about it.) We pay you right, please do your job right as well!

High interest rates, offer lower interest but add on to the loan, deceiving and dishonest. Do not get a auto loan through Wells Fargo! Paid payments on time for 5 years and my last payment was doubled. When I called to pay I was told it would be ok to break the payment in 2 and now I have a late payment on my credit from them over a 100. Dollar balance. So ridiculous!

Wells Fargo Auto and Wells Fargo in general are crooks period. I have never been late on a truck payment and I get a call that my account was thrown into collections for a non payment in May 2020. I showed them a photo of the check being cleared by my bank by Wells Fargo Auto, the receipt of the branch in Cedar Park tx that Manager Ann took in and said she would have it cleared up in 48 hrs and would follow back up with for confirmation. A week has gone by and still getting collection calls from Wells Fargo Auto.

I am self employed and they gave me my first car loan when others turned me down. They gave me a decent rate, and there were no hassles. I paid off my car loan a year early and I received my title in about 2 weeks without having to do anything on my end. There were a few times I was past 10 days late and I just paid the minimal fee. No big deal. That was part of the loan agreement. Other than that, just paid everything on time and there were no issues. I'd go with them again if need be.

If I could give Wells Fargo Auto 0 stars I would. They are by far the very worst auto loan company I have ever dealt with. I do not recommend anyone to use this company. Save yourself the heartache and choose another company!! They care nothing about customer satisfaction!

Got WF loan several yrs ago when I had to replace my car. Every payment was on time & more than min because I set up auto-payment. WF never applied add funds to balance, default is against next payment. (Why is there no option for this when you set up your payment???) Still, I kept plugging along... Finally, paid car off 1 year early. Rec'd title and lien release fast-ish (2 weeks or so), but it's been 60 days and they STILL have not reported my loan paid to the credit agencies - so it's hanging out there for 2 months that I've made zero payments on my car loan. No CS unless you call - wait times are ridiculous. Sad since I've had a WF bank account for 20 + years and I still can't get decent service. My next car I will try to get a loan from ANY ONE else.

Gave me a low interest rate even though it was my first time financing a vehicle. They are lenient and understanding when times are tough. Honestly they have treated me better than what I have deserved. I recommend them 100%.

I called customer service department this morning to request a lien release on my auto title account. I spoke with Ann in customer service who shared with me that my account was in fact paid in full and closed. I requested a lien release and she told me she couldnt to that and that I needed to speak with customer service in the title department. POOR CUSTOMER SERVICE!!!

After my car was totaled and insurance paid I had a 2 pay balance. Paid one and tried to split second. Wrote check for half and mailed. 3 days later they take remaining amount!!!! BS Didn't want to do anything to help. Associates are useless as is the whole company. DO NOT utilize them.. Plenty of places to go. Thieves!!!!

For a little over a year now, I have been going back and forth with this company about applying extra payments toward principal or making a larger principal only payment, and not as advance payment. The only way to pay extra towards principle is either through 1) ALP, which is not an option for me because I like to pay my bills on payday. 2) Go into a Wells Fargo branch, which is inconvenient for me as a caretaker, or 3) One time payment online, then call an agent and request that the extra amount be applied to principal, which is best suited for my situation.

This is my third and final loan with this company. I will pay a higher interest from another loan company to avoid Wells Fargo Loans. They do not allow you to pay extra on the principal online. You have to call them several days after you make the payment and instruct them to put the extra funds on the principal. If not they apply it to the interest for future payments resulting in the customer paying more interest over the life of the loan.

Have had my loan for several years (only 2 years left), never missed or late on a payment. I called to ask for a deferment. Was told you can have three in the lifetime of the loan, they must be one year apart and that I qualify. Never asked for one before. Was transferred to finance department where they hassled me on the reason. Gave several legitimate reasons and was told no for all of them. I see other reviews saying same thing, one even said she has CANCER and was going to be out of work!! Why bother offering something to make "it sound good" and then not honor it. A lot of other banks don't even ask a reason!! Know several people who have deferred a payment more than once, no problem from their bank. What a joke! I will never finance another car through from them. They don't care about their loyal paying customers.

I have spent over 3 hours on the phone in the past 2 days trying DESPERATELY to get a lien release. Everyone I speak to has a different story and another hoop for me to jump through. Their customer service is incompetent and horrendous.

I took a loan with them and never missed a payment. Have only 5 more payments to go. When I requested a deferment after making on time payments - they made the process very difficult. Then I received a call locally from their Buffalo office, of why I did not make a payment? I had to fax them I had an APPROVED deferment, or they were going to give me a hard time. Recently, I found out I had to have cancer surgery with a period of a few months recuperating. The customer service person supposedly discussed my need for a hardship with someone and said, "NO, we cannot help you. Find someone that will help you make the final payments." I was so very hurt and angry, I terminated the call. They have no compassion and could care less. Please go elsewhere.

Wells Fargo will treat you as a number, they are rude and couldn't care less what your opinion is on customer service. I have a car loan with them mow, and I'm in the process of refinancing through a new lender. I don't have to put up with rude behavior.