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Who Snatched My Car? Wells Fargo Did
Wells Fargo is back in the spotlight for another scandal. This time, for signing up 490,000 auto-loan customers for insurance they didn't need.This comes less than a year after the bank generated a massive public outcry for opening millions of unwanted accounts for customers.
Customers who already had car insurance say they had no idea they were being charged for this insurance from Wells Fargo. And the bank acknowledges that tens of thousands of people wound up in default, which affected people's credit scores, and thousands had their cars repossessed.
One of them was Michael Feifer.
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