Over the years they've profited tremendously by loaning me money when my account was charged for more than it had. For a long time it was $35 every time I swiped my atm card and couldn't cover it (often because they charged me checking account fees I had been told would no longer be charged to me). On top of that there's a $5/day charge for being overdrawn.
Here's a typical example. I have, say, $13 left in my checking account. I spend $9 on food, $1 for a lighter, and $1 for a soda. Little do I know I was charged for my checking account $5 even though I'd been told I was exempt, so I REALLY only had $8.
Three overdrafts = next time I look at my balance I'm at -$97! (-35x3+8). That is of course if I look at it immediately. However it might be a week before I look at my balance again, and in that time I've been hit with another $35 in daily fees.
Those who have plenty of money don't pay these fees. Only those of us who are just scraping by do. Wells Fargo makes money off of the poverty of it's customers.
They did get rid of those $35 fees, I assume because of massive customer complaints (I read an article about this online, but can't find it atm) but I just found out that despite this fact I'm not at +30, but rather at -$34. WTF? Well, it turns out that I had forgotten that in desperation to get at least one collection agency off my back I authorized one of my credit card companies to pull $20 a month from my account, not thinking that during the summer I'd be unemployed. OK, irresponsible of me, but does that justify charging me $40 in fees for loaning me $20 - without even asking me first?
That's it. I closed that account. Hope your business has to go bankrupt you damn bottom feeders.
Say NO to Wells Fargo.
I didn't bother to read your post, cuz I LIKE the song.
People:
O-ho the Wells Fargo Wagon is a-comin' down the street,
Oh please let it be for me!
O-ho the Wells Fargo Wagon is a-comin' down the street,
I wish, I wish I knew what it could be!
First Voice:
I got a box of maple sugar on my birthday.
Second Voice:
In March I got a gray mackinaw.
Third Voice:
And once I got some grapefruit from Tampa.
Fourth Voice:
Montgom'ry Ward sent me a bathtub and a cross-cut saw.
People:
O-ho the Wells Fargo Wagon is a-comin' now
Is it a prepaid surprise or C.O.D.
Fifth Voice:
It could be curtains!
Sixth Voice:
Or dishes!
Seventh Voice:
Or a double boiler!
Eighth Voice:
Or it could be
People:
Yes, it could be
Yes, you're right it surely could be
Eighth Voice:
Somethin' special
People:
Somethin' very, very special now
Eighth Voice:
Just for me!
People:
O-ho the Wells Fargo Wagon is a-comin' down the street.
Oh, don't let him pass my door!
O-ho the Wells Fargo
Wagon is a-comin' down the street
I wish I knew what he was comin' for.
Ninth Voice:
I got some salmon from Seattle last September.
Tenth Voice:
And I expect a new rockin' chair.
Eleventh Voice:
I hope I get my raisins from Fresno.
Quartet:
The D.A.R. have sent a cannon for the courthouse square.
Winthrop:
O-ho the Wellth Fargo Wagon ith a-comin' now,
I don't know how I can ever wait to thee.
It could be thumpin' for thumone who is
No relation but it could be thump'n thpethyul
Just for me!
People:
O-ho, you Wells Fargo Wagon keep a-comin'
O-ho, you Wells Fargo
Wagon, keep a-comin'.
O-ho you Wells Fargo Wagon, Don't you dare Mae a stop
Until you stop for me!
There's been a huge outcry about these bank charges in the UK. Loads of people have been taking the banks to the small-claims courts and winning back their last 7 years of bank charges. The banks were afraid to turn up to defend the cases individually in case it set a precedent or something - hence they were losing by default. They have now had to reduce many of the charges they make but are trying to claw the losses back by other sneaky methods - they make me sick. 🙁
wells Fargo is what's known as a predatory lender. They are the type of institution that writes mortgages' to people who can barely afford to pay their rent. They then charge them exhorbitent interest, points on closing, etc... When they figured they have wrung enough out of you, they sell off your mortgage to a less scrupuluos company (hard to imagine), who in turn forcloses on your home, and then auctions it off keeping all the profits from your equity, claiming "handling fees". I know this because my wife is a real estate agent, and knows which lenders are good and which are low life scum suckers like Wells Fargo.
Originally posted by duecerWhat's a good bank that operates in the Los Angeles area?
wells Fargo is what's known as a predatory lender. They are the type of institution that writes mortgages' to people who can barely afford to pay their rent. They then charge them exhorbitent interest, points on closing, etc... When they figured they have wrung enough out of you, they sell off your mortgage to a less scrupuluos company (hard to imagine), who ...[text shortened]... gent, and knows which lenders are good and which are low life scum suckers like Wells Fargo.
Originally posted by AThousandYoungWhere does your $50.00 for a bag of weed fit into this? I'm sure Wells Fargo is all torn up over losing the business of a chronic pothead.
Here's a typical example. I have, say, $13 left in my checking account. I spend $9 on food, $1 for a lighter, and $1 for a soda. Little do I know I was charged for my checking account $5 even though I'd been told I was exempt, so I REALLY only had $8.
Originally posted by Hand of HecateI don't spend $50 at a time on weed anymore. I can't afford it. I buy the cheap stuff a gram at a time when I have the cash. Or I go without.
Where does your $50.00 for a bag of weed fit into this? I'm sure Wells Fargo is all torn up over losing the business of a chronic pothead.
I bet they'd be torn up if I took them to small claims court like they apparently do in the UK. Or, if I get mad enough, I have plenty of time to give them a hard time. It's not like I've been able to find full time work. If I'm not underqualified I'm overqualified. I can't get a job as a teacher's assistant because I'm no longer in school.
If you look hard enough, you can find dirt on anyone.
Originally posted by AThousandYoungusually credit unions are safest, after that, small local banks. There are online ratings you can find that rate local banks, I would suggest doing your home work before doing business with any bank.
What's a good bank that operates in the Los Angeles area?
Originally posted by AThousandYoung'I buy my weed a gram at a time' you say? And, somehow this makes you less of a loser?
I don't spend $50 at a time on weed anymore. I can't afford it. I buy the cheap stuff a gram at a time when I have the cash. Or I go without.
I bet they'd be torn up if I took them to small claims court like they apparently do in the UK. Or, if I get mad enough, I have plenty of time to give them a hard time. It's not like I've been able to fin ...[text shortened]... ualified. I can't get a job as a teacher's assistant because I'm no longer in school.
I'm sure the Wells Fargo will quake in their boots when you hit them up in small claims court. One of their lawyers might actually hurt himself laughing his ass off.
Overqualified for what? Working at the Waffle House?
Sounds like you need to get a grip on your life.
Originally posted by Hand of HecateWell, I'm negotiating my second part time job. Hope that counts as getting a grip on my life.
'I buy my weed a gram at a time' you say? And, somehow this makes you less of a loser?
I'm sure the Wells Fargo will quake in their boots when you hit them up in small claims court. One of their lawyers might actually hurt himself laughing his ass off.
Overqualified for what? Working at the Waffle House?
Sounds like you need to get a grip on your life.
One person is not a threat to WF, but I won't be the only one. As was pointed out, WF has been giving money out to people in the UK via small claims. You think they want that trend to migrate to the US too?
I take marijuana for illness, so stfu. Did you miss the part about going without btw?
In a way I kind of agree with Mr. Hectate. I mean no disrespect, but there is no such thing as being over qualified. You might have to face the fact that you will be working in a less than ideal situation. I have found that the best time to look for a job, is when you already have a job. Potential employers can smell desperation a mile away. Get a job, any job, and start there. Good luck friend!
