Posted on Sep 29, 2016

U.S.: Wells Fargo illegally repossessed 413 servicemembers' cars

SN Greg Wright

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I would never have transferred to Wells Fargo in any case, because I'm happy with my nearly-30-year relationship with NFCU, but now I will actively tell friends and family all about their corporate thuggery in an effort to do my level best to steer them away.

U.S.: Wells Fargo illegally repossessed 413 servicemembers' cars

Posted from money.cnn.com

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Posted 8 y ago

Responses: 2

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Edited 8 y ago

Posted 8 y ago

"The bank will pay $10,000 to each of the affected servicemembers, plus lost equity in the cars with interest, and repair their credit." - Good. But at the same time, how many spouses lost their jobs because of this? How many service members were hemmed up by their CoC because of this? What was the real cost? If I lost my car tomorrow, I don't know what I'd do.

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Posted 8 y ago

What?! I need to read into this a little more, but I feel you are federally protected from this because of SCRA.

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U.S.: Wells Fargo illegally repossessed 413 servicemembers' cars

U.S.: Wells Fargo illegally repossessed 413 servicemembers' cars

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