Wells Fargo
Pay-day loan treated as direct deposit led to 15 overdraft fees
- 10-16-2008
- 31
I had made an error on my checking account. So I tried to fix it with direct-deposit advance money and then when that still did not fix my issue I contacted a pay-day loan service. I received all the funds before any over-draft fees would be imposed, but Wells Fargo saw the pay-day loan as a direct -de[posit and took that money and then forced me into 15 over-draft fees.
To make a long story short, my wife's account is also with Wells Fargo and they then took our last $185 and made my account balance out to zero, but then charged her 6 over-draft fees and promptly told her that it was there right to adjust account accordingly and there was nothing they would do for her. So we went from having $185 in an account to owing $210 in one swoop.
This banking institution is horrible with customers and it is amazing that so many bank with them.
Company: Wells Fargo
Country: USA
State: Colorado
Site: wellsfargo.com