Asset Planning, Inc Blog

The latest from the team.

Steps Wells Fargo Customers Should Take to Protect Themselves

 

The shocking news that Wells Fargo employees opened 1.5 million unauthorized accounts and 565,000 credit cards has caused concern for Wells Fargo customers everywhere. Wells Fargo has said that they will be contacting customers who they feel may have had accounts wrongfully opened and invite their customers to come into a branch to do a review with a banker. We feel however that it is good to be proactive and instead of waiting for a call, do a little research on your own to protect yourself. Here are some steps you should take if you are worried that you may be a victim of fraudulent activity.

Check your accounts- Look at your Wells Fargo online account, call Wells Fargo or go into a branch to review any accounts in your name. Make sure that you authorized any accounts that were opened in your name. Also, look through each account for any unusual fees or unauthorized money transfers. Wells Fargo has been accused of charging illegal fees on student loans as well as making unauthorized money transfers between accounts that may have caused insufficient funds charges.

Check your credit report- If you haven’t checked your credit report recently you should check it now. You can get a free credit report every year at https://www.annualcreditreport.com/ Look for any unauthorized accounts opened in your name or any unauthorized credit inquiries made by Wells Fargo. If a credit card was opened without your knowledge and there were fees that you were unaware of and were unpaid those may also have been reported to the credit agencies. If you find any discrepancies contact Wells Fargo immediately as well as the credit reporting agencies (Experian, Transunion, Equifax) to dispute the fraudulent activity and have it removed from your report.

If you are unable to have the issue resolved through the bank or credit agencies you can also submit a claim with the Consumer Finance Protection Bureau by calling 855-411-2372 or online @ http://www.consumerfinance.gov/complaint/ .

Continue reading
  2079 Hits

Search Blogs Module

Wait a minute, while we are rendering the calendar
credit score self-help topics credit card fraud water … July weekend “ skimmer ”. CFP ® home cell phone SIM swap scam https :// 2018 IRA contributions privacy notices 4 pm -8pm fees Social Security Administration consumer spending Kiplinger Letter Roth IRA car loans retirement Social Security stimulus package money home break-ins cell phones VOIP landline phones Open House September 30 2020. phishing sites Economic Security phone chip-enabled EMV cards trust privacy settings credit card company debt Amazon CERTIFIED FINANCIAL PLANNER exam Erin Nelsen July 3 rd donation counts opt-out information market turmoil notary services health care costs cell phone provider Orange County credit cards assets integral member wells Fargo Open Enrollment California Lions Friends April 15 Legal robocalls EEChecklist-Kits.pdf stockpilingchecklist.pdf client portal ice cream company Asset Planning tax filing deadlines parking spots 2017 TD Ameritrade National LINC Conference ID card paperwork clutter Supplemental Security Income Mobile Banking Security Tips Medicare Advantage drive /usb years tax returns cell phone service provider prescription eyeglasses January 10 identity thieves retirement plans home emergency kit house sitter offering insurance estate Treasury Department official certification asset Planning Puerto Rico disaster areas health care services Retirement Contribution Limits interest rates spring cleaning Victor Dergunov phishing scams app check lists D premiums credit monitoring service credit freeze Part B student loans February 14 emergency kits ice cream event text messages relief efforts pet industry blog post tax records June 29 breach increase stock pile April 11 executive order interest borrowing money cell phone carriers pet operations manager Kraig Mathias Flexible Spending Account fun facts Ice Cream Social policy flash drive July 6 fun atmosphere home emergency preparedness kits TD Ameritrade 70 1/2. spread Orange County Superior Court Medicare plan non-prescripstion sunglasses clone counterfeits contribution limit driver license retirement planning payments Wells Fargo employees phone companies account numbers coronavirus IRS deadline Notary Public spam phone estate planning tax season 900 number CA FTB pet supplies life saver Two-Step Verification Affordable Care Act 20 year anniversary IRS tax deadline FEMA website insurance policy emergency folder vision screening Brexit vote September 8 COVID -19 virus partner /owner https ://seekingalpha Medicare Part B premiums retirement accounts Federal Trade Commission website vacation team members National Ice Cream month Medicare Shred paperwork padlock memorial Day weekend DNA test kits checklists card reader April 18 2017. tax deadlines people medications illiegal robocallers Auto insurance earthquake app hurricane Dorian 2017 IRA contributions rescue organizations business hours Independence Day banking home security gap insurance items investment statements pets jury duty October 1 2020. toilet paper Fox News story settlement options cell phone carriers offer trustee pet donation drive July 4 Joey Gonzales records paper records scams holidays approach news coverage media accounts Wells Fargo customers Healthcare president Trump Charles Schwab Medicare question CARES Act September 9 clients show support 23 andme clients 401K Coronavirus Aid Facebook profile insurance policies Expired medications markets family members Part D premiums . earnings fallout Medicare Part B portal information Facebook Labor Day IRA accounts bottom line email notifications summer 2017 Equifax breach birth certificates web address home mortgages Financial Planning Magazine emergency kit estate planning direction FSA donation items identity theft documents