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. ┬áThe 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.


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