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FDAzar > Posts tagged "wells fargo auto loans"

FORCE PLACED INSURANCE LAWSUIT OVER WELLS FARGO AUTO LOANS

insurance contract

Thousands of motorists who financed their car through Wells Fargo over the past decade may be entitled to compensation for being forced to buy insurance they didn’t need. A class-action lawsuit filed by Franklin D. Azar & Associates seeks a refund of the wrongly charged insurance premiums, and class members may be entitled to additional compensation for other damages caused by Wells Fargo’s actions. WHAT IS FORCE PLACED AUTO INSURANCE? In a practice stretching from 2006 to 2016, Wells Fargo required customers seeking car loans to take out insurance policies to protect the vehicles’ value in the event of damage. Such policies,...

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