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Posts Tagged ‘Wells Fargo’

Big Named Banks Partake In Payday Loan Profits

By K&S on February 27th, 2013 | No Comments

Posted in: Debt Scams
Tags: , , , , ,

With 12.5 million Americans unemployed and many facing inevitable debt harassment, consumers are turning to online payday loans, often with obscene interest rates in excess of 500 percent, to make ends meet. To the financially strapped, worrying about today has displaced planning for tomorrow, virtually assuring future financial problems, ruinous effects to their credit report…

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85-Year-Old Oregon Woman Suing Big Bank Over Fake Suicide Call

Anne Sessions of Lane County, Oregon is suing Wells Fargo after one of its debt collectors reported to police that that the 85-year-old was threatening suicide, a claim she maintains was false, The Oregonian reports. After hitting financial trouble, Sessions says she arranged a payment plan for her credit card debt with Wells Fargo last…

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