Wells Fargo auto loan? You’ll want to read this… – YourErie
Wells Fargo is in trouble again for signing customers up for products they didn’t want or need.
This time, it’s auto insurance; and the bank says it may have cost about 20,000 people their cars. The Bank says it enrolled about 570,000 of its auto loan customers in collateral insurance on their vehicles, even though they already had appropriate insurance.
The bank will pay about $80 million in refunds.