Customers accused Wells Fargo of using deceptive methods towards them. The bank employees generated hidden accounts by actively creating unauthorized accounts while charging unnecessary fees. The unauthorized account creations and preceding deceptive fees from Wells Fargo form the foundation of the class act...
Learn all about sending and receiving money internationally with Wells Fargo. Find out what the fees and charges are, and how much time does it take.
Find answers to frequently asked questions about Wells Fargo's Business Checking and Savings Accounts.
Net credit card charge-offs reached $130 million compared with the $142 million recorded in 2005. Revenues from credit card fees increased by 20% and totaled to $1.74 billion. CFO Howard Atkins noted that credit card purchases by consumers rose by 21%....
But the bank has also faced heavy scrutiny by regulators in recent years for opening fake accounts and other offenses. While you won’t find attractive yields here, Wells Fargo’s checking account scores highly in our analysis. Pros Fees on checking accounts can easily be avoided. Wells ...
The fines come after the Consumer Financial Protection Bureau (CFPB) alleged Wells Fargo has illegally assessed fees and interest charges on auto loans and mortgages, wrongly repossessed customers' cars and misapplied payments to auto and mortgage loans. The consumer watchdog agency also accused Wells...
Wells Fargo has agreed to pay $3.7 billion to settle allegations of charging customers illegal fees. Ann Berry, founder of Threadneedle Ventures, joins CBS News' Lilia Luciano to discuss the fallout. Dec 20, 2022 03:01 Wells Fargo to pay $3.7 billion settlement for consumer abuses "Well...
The Wells Fargo Autograph Card charges a $0 annual fee and no foreign transaction fees. New cardholders can benefit from the card's 12-month 0% introductory annual percentage rate (APR) from account opening on purchases. After that, it's a 19.24%, 24.24%, or 29.24% variable APR, based...
Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle charges that it harmed consumers by charging illegal fees and interest on auto loans and mortgages, as well as incorrectly applied overdraft fees against savings and checking account
Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle charges that it harmed consumers by charging illegal fees and interest on auto loans and mortgages, as well as incorrectly applied overdraft fees against savings and checking account