Private Student Loan Payment Options

Private Student Loan Payment Options

Important replace

Changes are coming to the servicing of your student loan. Have you obtained discover that your loan is now being serviced by Firstmark Services, a division of Nelnet? Visit Firstmark Services in your new cost directions and customer support.

Managing your student loan(s) responsibly might assist help your future monetary targets. You have varied choices for making your student loan funds, together with computerized funds, paying on-line, by telephone or mail, or at a Wells Fargo banking location.

Online transfers and funds

You could make a cost by transferring funds from a Wells Fargo deposit account or a non-Wells Fargo account via Wells Fargo Online®.

Sign On to Wells Fargo Online®, choose your student loan account then Make a Payment.

It may take 1 – 2 enterprise days for this cost to mirror in your account. Payments obtained by Midnight Pacific Time on-line might be efficient as of the date of receipt. If obtained after Midnight Pacific Time they are going to be efficient the next day.

Bill Pay

If you’ve gotten an eligible Wells Fargo account, you may obtain and pay your invoice on-line with Wells Fargo Bill Pay. You will obtain an e-mail notification when the invoice is due and a cost affirmation the day after the cost is shipped. It is a quick and straightforward strategy to pay your invoice. Access often requested questions on Bill Pay, or learn extra about how Wells Fargo Online Bill Pay works.

Sign On to Wells Fargo Online to entry Bill Pay.

You may also make a cost via one other establishment’s invoice pay service. Log into their web site and guarantee your account quantity and Wells Fargo cost handle are right to stop any delays or errors along with your cost being processed on time.

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Mail, telephone, or in particular person

You can mail, name us, or go to a Wells Fargo banking location to make a cost.

Mail your cost:

Wells Fargo Education Financial Services

P.O. Box 10365

Des Moines, IA 50306-0365

When mailing a test, write your 10-digit student loan account quantity on the entrance of your test and embody your cost coupon if accessible. We can not course of cost directions written on a test or cost coupon.

To discover your 10-digit student loan account quantity, see the higher right-hand nook of your student loan assertion or name us at 1-800-658-3567.

Payments obtained by 5:00 p.m. Central Time on the cost handle above might be efficient as of the date of receipt. If obtained after 5:00 p.m. Central Time they are going to be efficient the next day.

Make a cost by telephone:

To make a cost over the telephone you may name us at 1-800-658-3567.

Have your 10-digit student loan account quantity in addition to your checking account data accessible. You will want your checking account quantity and routing quantity, which you will discover on the underside of your checks.

Payments obtained by Midnight Central Time over the telephone might be efficient as of the date of receipt.

Make a cost in particular person:

If it’s extra handy, you can even carry your cost to any Wells Fargo banking location.

Payments obtained at a Wells Fargo banking location prior to shut of enterprise at that location might be efficient as of the date of receipt.

Automatic cost

Once you’ve gotten left college and are receiving month-to-month billing statements, computerized funds is likely to be a useful approach to make sure you by no means miss a cost.

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With computerized funds, funds are routinely deducted out of your bank account every month and you might qualify for a 0.25% rate of interest low cost. This low cost reduces the quantity of curiosity you pay over the lifetime of the loan. The computerized cost low cost might not change your month-to-month cost quantity relying on the kind of loan you obtain, however might scale back the variety of funds or scale back the quantity of your last cost. Contact us at 1-800-658-3567 to see in case your loan is eligible to obtain an rate of interest low cost.

Whether or not you’ve gotten a deposit account with Wells Fargo, you may Sign On to Wells Fargo Online to arrange computerized funds.

Or, for those who desire, obtain the Automatic Payment Authorization Form (PDF), and submit the finished type to: Wells Fargo Education Financial Services, PO Box 5185, Sioux Falls, SD  57117-5185.

New student loan prospects

Your student loan(s) will seem in Wells Fargo Online banking often inside 2 to three enterprise days after the preliminary disbursement.

Have questions or need assistance?

If you ever encounter a monetary hardship and can’t make a cost, contact us at 1-800-658-3567 for help.

If you’ve gotten questions on student loan compensation, contact us at 1-800-658-3567 or go to our student loan compensation FAQs.

New to Wells Fargo Online?

With Wells Fargo Online you may handle and pay your student loan conveniently and securely.

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