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
  991 Hits
991 Hits

Search Blogs Module

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