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Wells Fargo & Company is an ... a combined total of $185 million in fines for opening over 1.5 million checking and savings accounts and 500,000 credit cards on ...
Wells Fargo clients began to notice the fraud after being charged unanticipated fees and receiving unexpected credit or debit cards or lines of credit. Initial reports blamed individual Wells Fargo branch workers and managers for the problem, as well as sales incentives associated with selling multiple "solutions" or financial products.
Wells Fargo was an American banking company based in San Francisco, California, that was acquired by Norwest Corporation in 1998. During the California Gold Rush in early 1848 at Sutter's Mill near Coloma, California, financiers and entrepreneurs from all over North America and the world flocked to California, drawn by the promise of huge profits.
Wells Fargo was founded in 1852 and has grown to become a major issuer of mortgage loans, car loans, credit cards and more. That said, Wells Fargo is a relative newcomer to the credit card space ...
Here's the quick rundown: When Wells Fargo opened credit cards in customers' names without telling them, their credit scores rose (without them knowing).
You can also contact Wells Fargo’s credit card account management customer service line at 1-800-642-4720. How to fix billing address errors.
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