US Edition$57 Million Wells Fargo Settlement: Who Is Eligible for Payments
3 Articles
3 Articles
$57 Million Wells Fargo Settlement: Who Is Eligible for Payments
Wells Fargo has agreed to pay nearly $57 million to settle a class-action lawsuit alleging the bank hurt some mortgagors’ credit scores during the early months of the COVID-19 pandemic. The proposed settlement, which received preliminary approval from the Superior Court of California in San Diego County on Jan. 9, concerns borrowers who entered COVID-related mortgage forbearance under the bipartisan CARES Act, the massive relief package Congress…
Wells Fargo agreed to pay $56.85 million to settle a collective lawsuit. Find out if you qualify and how you could receive an automatic payment
Wells Fargo agreed to pay US$56.85 million to resolve a collective lawsuit that claims that some customers were affected by their credit scores during the covid-19 pandemic. The bank did not admit irregularities, but accepted the agreement after the accusations. According to the legal news site Top Class Actions, the lawsuit points out that the entity would have incorrectly informed credit agencies of cases of mortgage forbearance (or leniency p…
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