2012-05-30

Wells Fargo illegally charging overdraft fees

Wells Fargo is really interesting. They apparently violated a federal regulation by charging me overdraft fees whereas I had never signed up overdraft protection.

Their customer representative offered me a solution: HALF refund, and said there was no such federal regulation.

However, he lied. See the Federal Reserve regulation on overdraft at:

http://www.federalreserve.gov/consumerinfo/wyntk_overdraft.htm

Spread the word. And tell Wells Fargo customer representative there is such a thing next time.

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