Wells Fargo To Pay $185,000,000 To Customers in Massive New Settlement – Here’s Who Will Benefit

Description

Wells Fargo customers may be eligible to be beneficiaries of a $185 million payout from the bank following a court’s approval of a massive class action settlement. A lawsuit initiated last year claims that during the Covid-19 era, Wells Fargo issued mortgage forbearances to its customers when they didn’t want them, causing unnecessary hardship while also negatively affecting credit scores due to halted payments. Plaintiffs alleged that the bank decided to provide mortgage forbearances to certain...