Wells Fargo
Pay-day loan treated as direct deposit led to 15 overdraft fees

Business & Finance

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
  <     >  

RELATED COMPLAINTS

Wells Fargo Bank, Inc
Excessive overdraft fees bordering on underhanded business practices

Wells Fargo Bank
Transfer From Another Bank Used to Repay Direct Deposit Advance

Wells Fargo Bank
Bogus Fees Charged for Bill Pay Never Signed Up For

Wells Fargo Bank
11-Day Holds on Deposits Followed by Overdraft Fees

Wells Fargo
Incorrectly Told Deposit Will Credit Before Charges

Wells Fargo Bank
Overdraft Fees Multiplied by Sorting Debits Highest to Lowest

Wells Fargo
Overdraft Fees Stacked After Payday Loan Debits and Out-of-Sequence Posting

Wells Fargo
Courtesy reversal of two overdraft fees refused

Wells Fargo Bank
Overdraft Fees After Small Non-Branch ATM Fee Added

Wells Fargo
Checks Held Then Processed Together to Create Overdraft Fees