Wells Fargo EFS
Trust Us - We Know How Much You Owe

Business & Finance

I didn't realize how predatory Wells Fargo Educational Financial Services truly was until a payment landed late by 2 weeks. All of a sudden my whole loan is in default, interest being compounded to rates over 50%. Yikes!

In trying to work this out with them, they have been rude and harassing. One week they will turn it over to a collection agency, another week they will pull it back. I continue to send payments so that the matter doesn't get worse while they decide what they want to do.

I've asked for statements, accounting details and they said they don't do that for charged off loans (the newest status as of lately).

In the meantime they've trashed my credit reports by reporting a charge off and each time they farm it out to a collection agency those folks add on with an entry of their own.

Hang tough. Be persistent. Keep a trail of evidence. Some day, some time I will get through this - as will you - and we'll all be better in the end!


Company: Wells Fargo EFS
Country: USA
State: South Dakota
City: Sioux Falls
Address: 301 East 58th Street North
  <     >  

RELATED COMPLAINTS

Wells Fargo Education Financial Services
Bait and Switch at Wells Fargo EFS: Ripping students off!

Wells Fargo Auto Finance
High Interest and Aggressive Collection by Auto Lender

Wells Fargo Business Direct
Wells Fargo Business Line Master card Business Direct ripoff

Wells Fargo, N.A
Monthly Service Charge Drained Account and Went to Collections

Wells Fargo Auto Finance
Lost Auto Loan Payments Damaged Credit Rating

Wells Fargo Acceptance
Title Withheld Months After Loan Payoff and Harassing Calls

Wells Fargo
Late Fees Added to No-Interest Mattress Financing Despite Prepayments

Wells Fargo Bank
Overdraft Protection Not Used for Home Equity Payment Despite Funds