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Home / News / Customers Shocked Wells Fargo Hasn’t Been Counting Mortgage Payments | NBC Nightly News

Customers Shocked Wells Fargo Hasn’t Been Counting Mortgage Payments | NBC Nightly News



Wells Fargo put people in a program that puts a hold on their mortgages to protect them during the coronavirus pandemic — even though customers in 14 states didn’t need the help. Now their mortgage payments aren’t being credited.
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Customers Shocked Wells Fargo Hasn’t Been Counting Mortgage Payments | NBC Nightly News

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  2. So when looking into this problem what happens is they put your payment on hold for a certain about of months.Interest accrues during that time.
    So depending on how long you go without a paying.By the time you make a payment more of your money would be going towards the interest.

    So save the interest accused over the months was 200 dollars and your payment is 500.200 would go towards interest while the rest goes towards your principal. And then your payments would be back to normal.

    If the interest accrual was 1000 and your payment is 500.Then all over your payment would go towards interest so thay would be 2 months your principal balance would stay the same.

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  5. Wells Fargo allows fraud. They allowed an ex with no legal standing to use me as a co-signer without my knowledge. They also allowed her to use a vehicle as some sort of collateral. I found this out 10 years after when they sent her checks in both our names and she wanted me to co-sign to get the money. I wont as they were obtainedfraudulently but I’m sure she signed my name and cashed them.

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  7. Don’t you mess with the free market otherwise it would be socialism.

  8. Never do business with Wells Fargo.

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  11. They shouldn't be. They been jimming the system for years. Remember those fake accounts!? An they are saying now "no African American nor other minority talent" African Americans have plenty of talent and it's plenty numerous also! https://www.youtube.com/watch?v=yUUka8V1pjE

  12. Oh my stars! I lost my car because Chase never received a payment from Wells Fargo yet theyvtook the money out of my account.

  13. What a shame for institutions to be a hazard, a detriment in people's life, rather than a genuine helper! WHY, NOW, OF ALL THE TIMES, WHEN INDIVIDUALS, ARE SO STRESSED BY COVID? WHAT HAS GONE WRONG WITH PEOPLE WHO ARE ENTRUSTED, TO IMPROVE CITIZENS LIVES? HOW "ROUGEISH", HOW INHUMANE COULD FINANCIAL INSTITUTIONS BE? GOD! WORK ON HUMANS, THAT THEY REFLECT GOOD CONSCIENCES AND DEEDS! AMEN!

  14. Same thing happened to me today! Figured id see what was on you tube about it…and….shocker, Im not the only one. why? And who benefits from this?

  15. Close your bank accounts with Wells Fargo, pay off your loans with Wells Fargo, and have nothing to do with Wells Fargo, then they will listen to you.

  16. I was just trying to resolve Wilson County Church Incident

  17. Wells Fargo is absolutely the worst bank ever! Go to a credit union.

  18. Happened to my dad also 87 years old

  19. Wells Fargo is so F'ing crooked it's insane!

  20. Has anyone found.d out where the money is going if not towards their mortgage?

  21. Anyone stupid enough to still be banking with Wells Fargo rather than one of their local credit unions in the year 2020 deserves whatever happens to them. The fact that Wells Fargo is a criminal organization is hardly news.

  22. they're all going to get foreclosed regardless of whether they needed the relief or not. that's criminal and reprehensible.

  23. So did Wells Fargo steal their payments? If it wasn’t credited where did it go?

  24. Lol banks are owned by the government meow👁😋🙀

  25. "I Didn't ask for this" If you're STILL with Wells Fargo, then you asked for this!

  26. So they can just take their money? Remember when they fired a LONG TERM, older employee because he stole a dime when he was 18 years old.

  27. Wells fargo is a bunch of crooks.

  28. Figure it out, people. They are Crooks.

  29. I stopped trusting Wells Fargo…☹️

  30. The most entertaining part is when management blamed the employees for opening up the accounts that customers never wanted. If you need a loan better off dealing with the Mafia than WF, at least would get a fair shake.

  31. Great! Better check my mortgage now.

  32. Just another Wells Fargo scam

  33. Dodged a bullet. Paid of loan and canx account with them years ago.

  34. U put money in wells fargo aaaaaaannnddd its gone. Yup.

  35. I am glad I closed my account I never really trusted him I don't even like them I would never recommend them anybody to them customer service sucks they're the most horrible Bank

  36. Bunch of bone heads… Next time listen to the bank… Hello… Your pride and ignorance caused you to miss the point…..
    Wake up….

  37. Really? Wells fargo is the enemy number one of the american working class people. Wells fargo control ur social life ur political life ur food ur drink ur car and tha gasoline for ur car so basically they co trolled everything u do in America…

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