September 8, 2016

Wells Fargo fined $185 million for Fraudulently Opening Accounts for Customers

For years, Wells Fargo employees secretly issued credit cards without a customer’s consent. They created fake email accounts to sign up customers for online banking services. They set up sham accounts that customers learned about only after they started accumulating fees. On Thursday, these illegal banking practices cost Wells Fargo $185 million in fines, including …

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Tonight on Neil Garfield Show: Sneak Preview of Neil's Most Recent Victory in Court.

Click in to tune in at The Neil Garfield Show Or call in at (347) 850-1260, 6pm Eastern Thursdays More than 40,000 people listen to the Neil Garfield Show. Maybe you should too. =============================== Tonight we will discuss a case that is so new the final judgment has not yet been entered. But it was …

Tonight on Neil Garfield Show: Sneak Preview of Neil's Most Recent Victory in Court. Read More »

A One Trillion Dollar Consumer Auto Loan Bubble Is Beginning To Burst

By the Lending Lies Team While the subprime mortgage bubble is simmering, the subprime auto loan meltdown has begun.  Over the past decade, auto lenders have been willing to lend money to people who are poor credit risks, can’t provide proof of steady income, and purchase vehicles beyond their means.  This strategy was profitable and …

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