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Report: #475297

Complaint Review: Wells Fargo Financial Acceptance - Monomonee Falls Wisconsin

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  • Reported By: Milwaukee Wisconsin
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  • Wells Fargo Financial Acceptance N81 W15104 Appleton Ave. Monomonee Falls, Wisconsin U.S.A.

Wells Fargo Financial Acceptance High Interest Rates and Shuffle Game After Pay-Off. Seeking Lein Release from Title. Monomonee Falls Wisconsin

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I Purchased a Truck in 2000 through Wells Fargo of 12,500.. My interest Rate was 14%.. A Wells Fargo Agent later contacted me with the claim that if I refinanced the truck my payment and interest rate would be lower.. Not true, My interest rate went up to 19% and my payment was only lower because the loan was stretched out further..

To make a long story short I fell behind in my payments and Wells Fargo filled for a Replevin in March of 2006. Yep, Six years.. you get the picture? I contacted the Wells Fargo Attorney to negotiate a payoff prior to court. He agreed to Accept full payment for the Loan on or before the court date. On the Court date I called the Attorney prior to court and paid off the truck in full..Two weeks later I was informed by Wells Fargo that I owed $600 in attorney fees and court costs....

I of course felt swindled three times by this bank..Wells Fargo sent the $600 to collections and refused to release my title claiming that I still owed on the Loan...In March of this year "2009" I recieved a letter from a collections agency offering to accept $272 as payoff for the $600 debt to Wells Fargo.. I requested this in writing and paid the debt.. They forwarded this information to Wells Fargo..It is now July 31 and I am still unable to abtain a Lein Release from Wells Fargo. Every Branch of the company gives me another branch and claims to have no record of the Loan ever existing...

Syvell
Milwaukee, Wisconsin
U.S.A.

This report was posted on Ripoff Report on 07/31/2009 11:25 AM and is a permanent record located here: https://www.ripoffreport.com/reports/wells-fargo-financial-acceptance/monomonee-falls-wisconsin-53051/wells-fargo-financial-acceptance-high-interest-rates-and-shuffle-game-after-pay-off-seeki-475297. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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