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Wells Fargo Bank Nevada NA & Thomas Brown SVP; ripoff scams that victimized many consumers. Minneapolis, Minnesota
Change in fees for Reserve Line of Credit (Overdraft protection) .....
Effective December 2002 they plan to charge $7.50 per "line of credit -overdraft" loan made to your account for a max of $30.00 PER MONTH in fees!! PLUS they currently charge 15.99% and if you miss ONE payment they will then charge 23.99% until balance is paid in full.
Lets help out these RIP-OFF artists and change to locally run banks!
Scott
Colorado Springs, Colorado
1 Updates & Rebuttals
Terry
Torrance,California,
2 options
#2Consumer Suggestion
Wed, September 11, 2002
You have two options:
1) Quit having overdrafts on your account and quit making late payments.
2) Change banks.
The bank can charge whatever they want. You know the fees up front if you decide to use that service.