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
  1144 Hits
1144 Hits

Search Blogs Module

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