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Pay for an Unexpected Large Expense – Video

Transcript:

No matter how well you plan for the future, you can't be prepared for everything.

So when something unexpected pops up, you might consider borrowing what you need to help cover the cost - just take it one step at a time.

First, think about how much you'll need. If you have a specific amount in mind, consider taking out a loan.

If you're not sure how much you need, or if you need access to cash over time, a line of credit may be a better idea.

Next, consider how soon you need the money. While some loans or lines of credit can be approved same day, others may take longer.

Finally, think about what type of rate might work for you. Fixed rates are locked throughout the loan, giving you predictable payments, while variable rates often start out lower, but can change over time.

And once you know your options, you'll be better prepared for the things you can't always prepare for.

It's easy to do when you take it one step at a time.

Contact Wells Fargo today about getting help planning for the unexpected.

wellsfargo.com/unexpectedexpenses