Cyber Club. Id like to get in on the class action of wrongful repossessions. Had vehicle repo by Wells Fargo. Twitter: @SpencerNerd. The best way to check on your state refund is to access the website for your states tax board, department of taxation or other state tax regulatory department. The repossessed vehicles were being handled by unlicensed repossession brokers, according to the class action lawsuit, something required by both the MVSFA and UCC. Wells Fargo identified issues related to the CPI policies placed for Dealer Services and Auto Finance customers who had the necessary physical damage insurance for the entire time or for a portion of the CPI policy period, which we refer to as duplicative CPI coverage. Wells Fargo repoed our car.Told us we ten days to pay balance.They us until they told and sent out a letter saying we had to balance by the 15th.We paid it.They called us back and said our car was at a auction in Charlotte,we live in SC.They told us to make an appointment to pick up car or it would take them 14 days for them to get it back us..They should have told us this when we gave them the information about paying balance.We could not get in touch with auction to make appointment to get car. They also were going to force me to drive to Atlanta to get my car which is over 5 hrs away from Pensacola Fl where we live and where they repo the car from. Then added fees to return the vehicle. Customers who may have had an account or service opened without their consent or without being fully informed of the details of the account or service may be eligible for compensation, correction of credit bureau information caused by the unauthorized account, and, among other things, an opportunity for no-cost mediation if the company is unable to resolve an issue related to an unauthorized account directly with the customer. I thought i was the only one and i though it was because the collector didnt like me. After President Joe Biden's $1.9 trillion COVID-19 stimulus bill was passed last week, the IRS said it was sending out the first batch of checks by direct deposit, and that some recipients received their payments as early as Friday. You can also visit your local Wells Fargo bank location. Thats still 2 maybe 3 more years until it falls off my credit! It's an opportune time to start or add to your savings. Should I cash it? I have a long report of the screwed up confusion that Wells Fargo Reps caused and straight up lied to me then ignored my calls or made it as difficult as possible to communicate with somebody competent enough to handle my case. I had payment arrangements with Wells Fargo and one more extension left when my car was repossessed before the date for payment passes. Plaintiffs claim the amounts owed were not accurately detailed in the repossession notice. Wells Fargo is trying to repossess my truck. 2. The scandal first came to light in early September 2016, when the bank said roughly 1.5 million bank accounts and about 565,000 credit card accounts might have been created without customer authorization. Wait Why hmmmm maybe cause they know they messed up on their end!! Federal regulators slapped Wells Fargo with yet another fine for failing to move fast enough to compensate customers who were victims of the bank's "unsafe or . Posted Jan 29, 2023. Margarette Burnette is a writer at NerdWallet. right before covid hit i lost my job and fell behind with wells fargo they denied every attempt at refi even the hardship refi and they took my car sold it and sent me a bill for what i owed i payed off 15k of 20k then they wiped my account as payed they screwed me so bad i dont even know where to begin, Wells fargo had a repossession come and get my car with no price and they did not let me know about it and they claim they sent out notices which neither one of us received and their representatives are very unprofessional and disrespectful how can some one do business with them I am 7 months pregnant and the tow company was disrespectful as well I lost my job they wells fargo was aware I gave what i could I thought they could not come and tow your car If you pay half by law and they still broke that, I was very sick and started the process for disability I was making payments and I was only 1 pmt behind I was getting ready to go to chemo and my truck was gone no notice no nothing they basically stole my car I was 1 ont behind not enough for it to be repossessed they dont care. I only owed $5000 on my car loan that started out at $16000. I had my vehicle repossessed. Wells Fargo has agreed to pay $500 million to settle the charges, which will be returned to investors. I missed a few sporadically and the last payment I made was in November. The CFPB order states that at least 27,000 customers might have had their cars repossessed from 2011 to 2016 in part because of the extra insurance. Learn more about the cookies we use. I got behind2 payment cause my mother past away i called set upy payment to get current they told me ihad nothing to worry about i had a 2005 checy silverado they took and didnt tell me why and sold my vehicle the very next day. Not sure what to do at this point. Required fields are marked *. The Office of Comptroller of the Currency (OCC) has fined the bank $250 million, charging it has engaged in unsafe or. I lost my job and almost my marriage over their mistakes and I want them to pay for this game they played on me when we were already in a hardship without having the vehicle. They then sold my vehicle at auction for pennies on the dollar of its actual value. I just get by in my low rent apartment with help but I do have heat and electric but that is also with help. Now, they have become judge and jury offering $33,000.00 for all the turmoil they put me through. At first I thought I had forgotten where it was parked and It took me a minute to realize what had happened. If your combined income (consisting of your adjusted gross income plus nontaxable interest plus one half of your Social Security benefit) is more than $25,000 for a single person or more than $32,000 for married filing joint taxpayers, the Social Security benefit will start to be taxable. Because I needed to stay in his good graces because the fate of my car was in my hands, I texted him back that emoji thats the smiley face with the halo over it in an attempt to express that Im not that kind of girl but in a way that he wouldnt take too much offense to. Now they send me a check 2 yrs later for $276 & expect that to make up for 2 yrs of not having a vehicle & ruining my credit. To add insult to injury, they wouldnt even let me take my groceries out the car. I only owed a very small amount of money and they respond my car. Write a Wells Fargo Refund Letter. Now Wellsfargo is not reporting my payments. The IRS never contacts you by email to verify information. Why am I getting a check from Wells Fargo about incorrect charges when they repossessed my vehicle in 2012? It has cost us time, money, and emotional distress. Imagine the consequences of one of us stole ONE car, they stole THOUSANDS of cars. No valid info from Wells even though I was trying to negoitiate with them. Add me please, After all the bs wells Fargo put me through taking my care hacking up my payment made me loose my 55k a year job as a single mother also made me loose my home now they tell me I dont qualify for a payment when I have them my insurance info 30* and they still say they didnt revive my info its Bill shut they ruined my life my credit my job my home they get away with taking everything from not only me but my children to they should pay if it was us screwing others around we would be held accountable get your ads on that please help. Additionally the letter says, If applicable- the remaining balance after repossession, on this account, will also be waived. Wells Fargo repossessed it with one payment behind. facebook Follow. Read About More Class Action Lawsuits & Class Action Settlements: Wells Fargo COVID-19 Mortgage Forbearance Policy Sparks Suit, Exxon and PBF Energy Reach $4.4M California Wage and Hour Settlement, Wells Fargo Home Loan Class Action Filed Over Date Corrections. 2:20-cv-04318, in the U.S. District Court for the Eastern District of Pennsylvania. Add me, I just received a 64.44 check, my truck was repossessed, I wasnt 60 days late. I never got a repossession letter. Took the letter and check to local Wells Fargo branch, and cashed it to make sure it was legit. The article More Wells Fargo Refunds Coming After $1 Billion Fine originally appeared on NerdWallet. The bank began mailing refunds Aug. 31, 2017, and has delivered about 235,000 checks for a total of $11.7 million. They have stopped calling me and I have not recieved anything about them suing me in court but my credit has been and continues to be destroyed because of it. They never gave me a chance to get vehicle. Can you post a picture of the letter please. Please consult WFSettlement.com for additional information on the settlement's status. Received a check today in 2021 from Wells Fargo for about $180 to compensate me for them not sending me required notification about repossession when the account became past due. Specifically, plaintiffs point to the use by Wells Fargo of Victory Recovery Services. The car was taken to the auction on the 9th,but they gave us until the 15th.On top of that the guy we talk that morning said he give us 10 more days but we told we going to pay it now. Now Im receiving all these checks that amount more than what I owed. , they repossessed my vehicle and because my nephew cosigned he had to pay about $7,000 to clear his credit. Wells Fargo customers with an Everyday Checking account can avoid the $10 monthly service fee by maintaining a $1,500 minimum daily balance, maintaining a direct deposit of $500 or more, making. We were current. Wells Fargo enforced a policy of collateral protection insurance in cases wherecustomers didnt have adequate insurance but even tacked it on for at least 490,000 who already had appropriate insurance. My vehicle was repossessed by Ally Financial and was charged unreasonable fees etc in order to get vehicle back which I could not pay. I called and set up 2 payments to get me current. I got home this morning and didnt see anything, went into my room it was on my bed. Where they sold it how much they got and all and any paperwork for the account. Wells Fargo has worked to identify and provide remediation to all customers who may have been affected. They mailed collections to my old address in NY and picked up the car where I live in PA. Don't Miss Out! The IRS is now starting to distribute the third round of stimulus checks, worth up to $1,400 per eligible adult and child. This is exactly what happened to me! It is still on my husbands credit report and caused us to be denied a loan!