Home equity loan or line of credit Loan servicing, payments, escrow account
Wells Fargo Mortgage department,
Home equity loan or line of credit Loan servicing, payments, escrow account West Virginia
I had a HELOC loan with Wells Fargo and prior to the end of the draw period I contacted them to convert the load to a fixed rate Home Equity Loan ''. This was completed in - 2015. In reviewing my Credit reports on -/-/15 I noticed this account was still showing up as a Line of Credit '' instead of a loan for a fixed amount and is adversely effecting by credit scores because of false credit utilization '' information this incorrect information is causing. I contacted Wells Fargo on -/-/15 requesting they notify the - credit bureaus of the corrected information and was told that technically this account was still a Line of Credit even though it is not. I explained that the incorrect information
account would now show a loan on all my records even though the account number remained the same. This has now proved to be false information. I was told the opposite on -/-/15 by their representative who identified herself as - '' that made no difference and in fact Wells Fargo discontinued Home Equity Loans '' in - of 2015??
Wells Fargo customer in West Virginia
Sep 25, 2015
* Source: CFPB Complaint Database
Wells Fargo response to complaint:
Closed with explanation
Submit a complaint with the Consumer Financial Protection Bureau today
File ComplaintWebsite | http://www.wellsfargo.com/ |
Phone | (866) 249-3302 |
[email protected] | |
Address | 420 Montgomery St Frnt San Francisco CA 94104 |
Wells Fargo | |
Wells Fargo |
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