What does ACS/WELLS FARGO mean on my credit report?

Learn about ACS/WELLS FARGO, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.

Updated January 1, 2023
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ACS/WELLS FARGO is shorthand for Wells Fargo, with the company name being Wells Fargo

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ACS/WELLS FARGO is a Creditor provider. They could be on your report for a number of reasons, for example:

  • ⚫ You missed a repayment.

  • ⚫ You opened an account with Wells Fargo.

  • ⚫ You opened a credit card / loan / mortgage with this company.

  • ⚫ Someone fraudulently opened a credit line under your name.

About the account

  • ⚫ The average high credit balance is $2400.

How do I contact them?

Here is the current contact details for Wells Fargo:


  • 333 S IL ROUTE 83
    ELMHURST, IL, 60126





Wells Fargo offers a range of loans and credit services. You can make a payment through Wells Fargo Business Online®, or by visiting a Wells Fargo location. At the location, you can make a payment with cash, check, or debit card. Payments can also be made over the phone, online, or through the mobile app. There may be penalties for late or missed payments, depending on the terms of the specific loan or credit product.

Question Answer
Can I make payments over the phone? Yes
Can I make payments online? Yes
Can I make a payment using a mobile app? Yes
Can I make a payment using a prepaid debit card? Yes
Can I make a payment using a wire transfer? Yes

Forgiveness and Cancellation

Wells Fargo offers loan consolidation, but it is unclear if they offer loan forgiveness. It may be possible to qualify for loan forgiveness through Wells Fargo by meeting certain criteria, such as making a certain number of on-time payments, working in a public service job, or enrolling in an income-driven repayment plan.

Question Answer
Do they offer loan consolidation? Yes

How to Apply

You can apply for loans with Wells Fargo online, over the phone, or in person. They offer a variety of loan options for personal, small business, and commercial banking. You can also apply for a loan using a mobile app provided by Wells Fargo Bank, N.A. Member FDIC. If you need a cosigner, Wells Fargo can help with that too.

Question Answer
Can I apply for a loan online? Yes
Can I apply for a loan over a phone call? Yes
Can I apply for a loan in person? Yes
Can I apply for a loan using a mobile app? Yes
Can I apply for a loan with a cosigner? Yes

IdentityIQ Report Example

  • This is an example of what this creditor will look like on your IdentityIQ report.


Will this affect my credit score?

Whether this account affects your credit score depends on a variety of factors, such as:

  • Account Open Date: If you opened this account recently it will impact your credit, the only way to prevent this from impacting your credit score is to remove the account from your report.
  • Derogatory Markings: If this account has any derogatory markings such as: Lates, Charge Offs, Collections and others.

However, there are could be some potential positive aspects to this account which could lead to improving your credit score, such as:

  • Account Age: If your account is quite old, then the age of it will positively impact your credit score
  • Repayment History: If the account has no Late Payments, Charge off Payments, then it may reflect a positive impact onto your credit score.

Can it be removed from my credit report?

Yes, with the right strategy, you will be able to remove any account from your report. But you have to be careful to ensure that the account is negative to begin with, or it will negatively impact your credit score.

However, removing a negative account will positively impact your credit score, allowing you to open new credit lines and potentially removing bad debt.

How do I remove ACS/WELLS FARGO from my credit report?

You can send a dispute letter to the credit bureaus to remove this account from your report. You must send a dispute letter to all three credit bureaus, as they are legally required to remove the account from your report if it is found to be inaccurate. For best results you should send a dispute letter to the credit bureaus via certified mail, this will ensure that you have a legal record of the communication.