Wells Fargo Financial Acceptance
High Interest Rate Refinance and Title Lien Release Still Withheld

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 filed for a Replevin in March. 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 received 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 obtain a Lien Release from Wells Fargo. Every Branch of the company gives me another branch and claims to have no record of the Loan ever existing...

Company: Wells Fargo Financial Acceptance
Country: USA
State: Wisconsin
City: Menomonee Falls
Address: N81 W15104 Appleton Ave
Phone: 8005593557

  <     >