These mistakes could harm a consumer’s ability to access credit or make borrowing more expensive.

These mistakes could harm a consumer’s ability to access credit or make borrowing more expensive. Misrepresented the worthiness of creating partial repayments: Wells Fargo’s payment statements made misrepresentations to borrowers which could have resulted in a rise in the expense of the loan. The lender incorrectly told borrowers that having to pay significantly less than …

These mistakes could harm a consumer’s ability to access credit or make borrowing more expensive. Read More »