CFPB’s allegations against Wells Fargo: illegal fees, wrongful car repos and misapplied payments

CFPB’s allegations against Wells Fargo: illegal fees, wrongful car repos and misapplied payments

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The Consumer Financial Protection Bureau said Tuesday that Wells Fargo & Co. had harmed millions of people through wrongful car repossessions, improper denials of mortgage-loan modifications, and surprise overdraft fees that were lobbed at consumers who had enough funds at the time of their…

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