Wells Fargo is the third largest bank in the United States, providing a variety of loans and credit cards, including auto and car, residential, and personal. When these loans fall into default, Wells Fargo will oftentimes sell these accounts to third party vendors. Under the Fair Debt Collections Act, these debt collection parties must follow guidelines to stay in compliance and not abuse consumers. Abusive collection tactics include lying about the amount owed, threatening jail time for unpaid debts, harassment or abuse to you or anyone else they contact, or any other deceptive methods.
If you’ve found yourself in a position of financial strain and are facing debt collection calls from Wells Fargo, get in touch with a qualified attorney today. You are protected from abusive call tactics under the Fair Debt Collections Act and don’t have to be subjected to deceptive collection methods.