Got a check for $1000 after Wells Fargo opened up a credit card in my name without permission. Last winter I opened an account solely to deposit a Canadian check that my credit union would not accept. I made it known that after the check cleared, I would be closing down the Wells Fargo account and sticking with my credit union.
Employee kept asking me to open a credit card, debit card, etc which I said made no sense since I was not going to keep the account open. In addition I was only 19 and told him I would not open a credit card without speaking to my parents first. A few days later and I get a credit card in the mail from Wells Fargo... cancelled it immediately and was annoyed but thought it was just a stupid employee.
When news broke of the scandal I realized what had actually happened. I called the Wells Fargo complaint line and went into mediation with them, requested $5000 for the inconvenience (I did not pay any fees or anything since I closed the card immediately but wanted to see what I could get), they countered with $500, and I requested $1000 and got it. I made one of the terms of the mediation settlement that the inquiry on my credit report be removed as well.
Just a heads up if you're like me and had an unauthorized account opened - even if you did not suffer any tangible monetary losses from their fraud you can still be eligible for a decent-sized payout!
July 25, 2017 at 07:19PM
