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
  1210 Hits
1210 Hits

Search Blogs Module

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