Wells Fargo Mortgage Complaint

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

Consumer disputes how Wells Fargo handled their complaint

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Contact Wells Fargo

http://www.wellsfargo.com/
(866) 249-3302
[email protected]
420 Montgomery St Frnt
San Francisco CA 94104
Wells Fargo
Wells Fargo

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