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
  797 Hits
797 Hits

Search Blogs Module

Wait a minute, while we are rendering the calendar
wells Fargo Facebook profile Erin Nelsen information Facebook house sitter Medicare Part B chip-enabled EMV cards Two-Step Verification web address investment statements 4 pm -8pm company policy relief efforts identity thieves vision screening health care costs trustee debt estate IRA accounts asset Planning jury duty opt-out retirement National Ice Cream month money interest rates Flexible Spending Account June 29 Medicare Part B premiums summer Social Security credit score prescription eyeglasses emergency kit rescue organizations Kiplinger Letter retirement plans emergency folder 2017 IRA contributions tax deadline insurance policy pet industry Brexit vote borrowing money April 15 Treasury Department pet supplies Amazon trust illiegal robocallers Independence Day retirement planning Wells Fargo customers phone companies consumer spending Healthcare assets VOIP landline phones gap insurance Orange County Superior Court driver license phishing sites home security disaster areas privacy settings earthquake app account numbers 401K cell phone carriers offer Open House president Trump Part D premiums . 2018 IRA contributions IRS deadline FSA Open Enrollment clients show support increase home break-ins Auto insurance October 1 2020. Puerto Rico Wells Fargo employees credit card company integral member April 11 notary services 2017 TD Ameritrade National LINC Conference 23 andme parking spots ice cream event clone counterfeits padlock card reader FEMA website fees privacy notices insurance policies https ://seekingalpha credit cards CFP ® Retirement Contribution Limits cell phones Notary Public pet drive /usb executive order vacation memorial Day weekend non-prescripstion sunglasses Financial Planning Magazine client portal phishing scams Legal robocalls Asset Planning car loans partner /owner July 4 D premiums blog post Affordable Care Act fun facts clients bottom line ID card pets 70 1/2. home spam phone information credit card fraud Fox News story April 18 2017. Medicare question Orange County retirement accounts home mortgages 900 number CERTIFIED FINANCIAL PLANNER exam identity theft paperwork clutter portal documents Kraig Mathias spring cleaning Medicare Social Security Administration Victor Dergunov estate planning birth certificates Roth IRA 20 year anniversary flash drive tax season app California Lions Friends “ skimmer ”. Part B credit freeze banking contribution limit Supplemental Security Income https :// Shred paperwork Mobile Banking Security Tips official certification DNA test kits