ED Magedson – Founder
Wells Fargo Bank Take money without authorization Nationwide
I have been with Wells Fargo since the early 90s (join account with my mom when I was under 18)
I have been having a lot of trouble lately after losing my job and have been prioritizing where my money should go so I can make ends meet and still have what I need to look for a job and provide what I can.
Apparently according to Wells Fargo bank confirmed to me by a Mr. Luke Bolander a supervisor in the collections portion of Wells Fargo, when your account runs behind farther then 45 days they are authorized to take whatever money they can from your account and leave you with as little as possible. This was unknown to me as I have made timely payments for nearly 9 years.
Yes I know I have gotten the debts but why kick a man while hes down. I explained the situation to the company weeks before telling them that as soon as I found a job I would contact them again to get the account up to speed and back on track. NO ONE TOLD ME ABOUT THEM BEING ABLE TO TAKE MY FIANCES MONEY AND LEAVING US WITH LESS THAN 50 DOLLARS.
Had I known this, I would have made every pre-caution to try to avoid it instead of having to looking into our join account and find out they have taken what little money we have trying to make it to the next day.
We all run through hard times and sometimes need a little time to catch up, unfortunately for me Wells Fargo decided to take money that was not mine, and leave us with very little to go by.
If you ever run through tough times, and have a joint account with wells fargo, make sure to remove yourself or close the account if you run into the same situation I am running into now, they don't care about you, Mr. Bolander was more worried about collecting money and using the fine print as a reason for what they are doing.
This report was posted on Ripoff Report on 06/26/2014 12:16 PM and is a permanent record located here: http://www.ripoffreport.com/r/Wells-Fargo-Bank/nationwide/Wells-Fargo-Bank-Take-money-without-authorization-Nationwide-1157714. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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