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How much will I get from Wells Fargo settlement?

Under terms of the Wells Fargo settlement, class members can receive a cash payment for each eligible call they received. The payment of each call is estimated at around $86, but payments could be as high as $5,000 per call depending on the number of claims filed.

How do I find out if Wells Fargo owes me money in settlement?

You can view the status of your claim by signing on to Wells Fargo Online. When we complete our research, you will receive a final resolution letter.

Does Wells Fargo have a forbearance program?

Although payments may be temporarily suspended, they are not forgiven. Instead, they accrue and become due at the end of the forbearance period. If your financial hardship continues at the end of the forbearance period, well work with you again to explore available options.

How much does Wells Fargo pay per person for class action settlement?

If, for whatever reason, you believe youre owed money and the bank has not yet made contact, you may call Wells Fargo at 844-484-5089, Monday through Friday, from 9 a.m. to 6 p.m. Eastern time. Those who dont receive assistance from the bank may submit a complaint to the CFPB.

Does a forbearance hurt your credit?

The term forbearance refers to the temporary postponement of loan payments, typically for a mortgage or student loan. Lenders and other creditors grant forbearance as an alternative to forcing a property into foreclosure or leaving the borrower to default.

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