US Consumer Board Conceals how Wells Fargo Fleeces Students – Everything Law and Order Blog

The Consumer Financial Protection Board kept a detailed report about how Wells Fargo has long been involved in charging students up to three times more for financial services than other banks do. Why did the CFPB not reveal this? Bill Black explains

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13 thoughts on “US Consumer Board Conceals how Wells Fargo Fleeces Students”
  1. Disregarding the sins of all the other banks, Wells Fargo should not be in business today. If I steal a billion dollars today and you fine me one million dollars for that bad act I have a big party to celebrate my tremendous profit! And the next day I have a meeting to discuss how better to steal! Wells Fargo has done this over and over, and while paying dinky little fines, continues to rob and steal. This would make the USA appear to be a lawless country. And what little regulation there is , obviously doesn't amount to enough to matter.

  2. As many times as Wells Fargo been found to use unethical business practices, any person that still banks with this bank is complicit in keeping this company alive. I could never trust the Wells Fargo brand, well not many banks in the USA that I trust. The consumer has one way to express themselves, whether big or small company, do not do business with them.

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