Consumer reviews and reports on scam companies, bad products and services
Wells Fargo Student
Wells Fargo Student Loan Stole My Money Sioux Falls, South Dakota
4th of Feb, 2011 by
I want to voice my account of how Wells Fargo went into my account and
took my money without my notification or my direct authorization. Wells
Fargo purchased my student loan from another company and I did not know
they were holding my Student loan. The company that was the original
holders of my loan placed me in forbearance for a period after
graduation.


Wells Fargo went in to my account without so much as a "HI"
we have your loan and decided to take my bill money. Not discretionary
money but money that he knew was for my rent and other bills. He
monitored my account and timed it perfect to take the money before my
bills came out but after I deposited my check. Which was only a 24hour
window.


I think everyone should know about Wells Fargo practices while
they claim to help you they are only concerned with their own pockets
and when I called and asked he said I have been trying to call you for a
month. I told him I was returning his calls and still have a voice mail
that he left on my saying that we are playing phone tag.


Then I asked
nicely I'm sorry I had no idea that I even had a loan with you all can I
please put this loan into deferment or forbearance. His response " No I
control this loan now and I can but I do not want to you will pay me or
be sued" My response "I'm sorry sir I had no idea can we work something
out Please I currently do not have xx,xxxx amount to give you. His
response "Well that is your problem for not getting back with me" My
response "Sir I called you back" His response "I haven't talked to you"



I want the world to know that Wells Fargo Bank is Great but because it
is connected to these unfair practices.


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