Wells Fargo & Company Credit Card Complaint

Other

Wells Fargo & Company Credit card department,

Minnesota

Hi, My son got a credit card from Wells Fargo and he was not - and per the law does n't he need a parent to co sign of the credit card? He was issued a card at - and did not have a parent co sign on the card. He is in debt $1700.00. A law was passed in 2009 aiming to protect consumers from mistreatment by credit card companies. The law included the following provisions : 1 ) card companies may not change interest rates unless a payment is late or the card has a variable rate, 2 ) credit card bills must be delivered at least 21 days before their due dates, 3 ) adults must co-sign on accounts for someone under - - -, and 4 ) credit card contracts must be posted on-line. See # - I am outraged with Wells Fargo preying on children that are not - giving them a credit card!!!!!! Sincerely - -

Wells Fargo & Company customer in Minnesota
Nov 02, 2016

* Source: CFPB Complaint Database

Wells Fargo & Company response to complaint:
Closed with explanation

Created with Highcharts 4.2.3Wells Fargo & CompanyComplaint HistoryComplaints2/20163/20164/20165/20166/20167/20168/20169/201610/201611/201612/20161/20173/20170246810Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3Wells Fargo & CompanyOther82.4%11.8%5.9%Closed with explanationClosed with monetary reliefClosed with non-monetary reliefSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageOther0.8%66.1%13.1%13.5%1.9%3.8%0.7%0.1%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed with reliefClosed without reliefIn progressUntimely responseSource: Consumer Financial Protection Bureau

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