CFPB Takes Action Against Wells Fargo for Prohibited Education Loan Servicing Methods

CFPB Takes Action Against Wells Fargo for Prohibited Education Loan Servicing Methods Wells Fargo to cover $3.6 Million Penalty towards the Bureau Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) today took action against Wells Fargo Bank for unlawful personal education loan servicing methods that increased expenses and unfairly penalized specific education loan borrowers. […]