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Wells Fargo Bank has agreed to pay billions of dollars to settle charges that had harmed consumers by charging illegal interest in fees hear the details by the Numbers more than two billion dollars thats how much the Consumer Financial Protection Bureau ordered the bank to return to the 16 million consumers impacted that includes 11 million car loan borrowers The Bureau says that the bank must pay 1.3 billion dollars for improperly charging fees and interest wrongfully possessing vehicles and failing to give refunds for some types of charges when a loan ended early Wells Fargo will pay another 200 million dollars for a legal Home Mortgage practices The Bureau says for at least seven years the bank can properly denied mortgage loan modifications which in some cases led to Consumers losing their homes to wrongful foreclosures more than 500 million dollars will go to victims of illegal overdraft fees the bank is accused of charging some customers even when they had enough money in their
