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Home » Store » Taxable » California Sues Wells Fargo Over ‘Live Check’ Interest

California Sues Wells Fargo Over ‘Live Check’ Interest

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The state of California has sued Wells Fargo Financial over allegations that the company “willfully” overcharged borrowers who cashed loan checks they received in the mail. “This time, warning Wells Fargo is not enough. We believe these violations are willful and that [the company] should have no right to collect or receive any principal, charges or recompense in connection with these transactions,” said Commissioner Demetrios Boutris, head
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