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
  2175 Hits

Search Blogs Module

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