Wells Fargo Sold Unwanted and Unnecessary Auto Insurance
Wells Fargo, one of the largest banks in the United States, is attempting to repair its image following a scandal in which its employees made millions of credit card and bank accounts that customers had never requested. Over 800,000 people who took out car loans from Wells Fargo were charged for auto insurance they did not need. Some … [Read more...] about Wells Fargo Sold Unwanted and Unnecessary Auto Insurance
New Rule Allows Financial Firms Lawsuits
The Consumer Financial Protection Bureau is a watchdog group that adopted a rule on July 10 that has the potential of costing banks and other financial firms billions of dollars. This new rule, would allow consumers to band together in class-action lawsuits. Both the Trump administration and House Republicans have lobbied to rein in … [Read more...] about New Rule Allows Financial Firms Lawsuits
