Comments on: How To Avoid Wells Fargo Collections Dept. Via Phone http://www.landlord-success.com/mortgage/how-to-avoid-wells-fargo-collections-via-phone How to be a successful landlord Fri, 16 Dec 2011 08:32:15 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: TheLandlord http://www.landlord-success.com/mortgage/how-to-avoid-wells-fargo-collections-via-phone/comment-page-1#comment-41212 TheLandlord Tue, 29 Sep 2009 03:30:37 +0000 http://www.landlord-success.com/mortgage/how-to-avoid-wells-fargo-collections-via-phone#comment-41212 Bill, on the contrary, paying your mortgage after the 1st but before the 16th does not affect your credit score. Also mortgages, at least in my experience, are not like credit cards where you can "request" a due date. Bill, on the contrary, paying your mortgage after the 1st but before the 16th does not affect your credit score. Also mortgages, at least in my experience, are not like credit cards where you can “request” a due date.

]]> By: Bill http://www.landlord-success.com/mortgage/how-to-avoid-wells-fargo-collections-via-phone/comment-page-1#comment-41209 Bill Mon, 28 Sep 2009 18:20:51 +0000 http://www.landlord-success.com/mortgage/how-to-avoid-wells-fargo-collections-via-phone#comment-41209 Because your bill is due on the 1st. You are only hurting yourself and your credit score by waiting. the grace period is just that - grace so that you don't pay the extra fee. BUT it's due on the 1st. that means it has to arrive on the 1st or its considered late. Just do yourself a favor and get your payment schedule changed OR get the money there by the first of the month. Talk to wells fargo and say, "you'll notice my payment is never mailed until the ninth. That's my financial situation. Can you please change my due date to reflect that". generally they will do it because, trust me, they dont' want to speak to you anymore than you want to speak to them. AND you'll improve your credit score. every time your payment is not there BY THE DUE DATE it's a hit on your credit report. Because your bill is due on the 1st. You are only hurting yourself and your credit score by waiting. the grace period is just that – grace so that you don’t pay the extra fee. BUT it’s due on the 1st. that means it has to arrive on the 1st or its considered late. Just do yourself a favor and get your payment schedule changed OR get the money there by the first of the month. Talk to wells fargo and say, “you’ll notice my payment is never mailed until the ninth. That’s my financial situation. Can you please change my due date to reflect that”. generally they will do it because, trust me, they dont’ want to speak to you anymore than you want to speak to them. AND you’ll improve your credit score. every time your payment is not there BY THE DUE DATE it’s a hit on your credit report.

]]> By: Dan http://www.landlord-success.com/mortgage/how-to-avoid-wells-fargo-collections-via-phone/comment-page-1#comment-41026 Dan Fri, 12 Jun 2009 02:26:23 +0000 http://www.landlord-success.com/mortgage/how-to-avoid-wells-fargo-collections-via-phone#comment-41026 a few days ago, I've received several calls from an outfit that calls itself "Fargo Collection Agency." The guy on the phone had a heavy accent, so heavy that I had a hard time understanding him. So I asked him to spell the name of the company, which he did, very slowly. Since I have a mortgage with Wells Fargo and am current with payments, I asked him what he wanted. He said I had won either a new Hummer or $60,000 and I could choose which one I wanted. I concluded that "collection agency" and winning anything simply doesn't compute, so I told him he was trying to scam me and hung up. He immediately called back. I told him to f**k off and never call me again, and I hung up again. A minute later, his "supervisor" called me, and I told him the same thing in a series of 4-letter words. Then I hung up. Today, this same outfit called and got my wife on the phone. I took the phone from her and told the caller (a guy with a heavy accent) that he's a scammer and that out phone number is on the Do Not Call Registry. Then he hung up. I don't think this ourfit has any connection to Wells Fargo Mortgage Company. And I'm sure that in order to get what I "won," I'd have to send a chunk of money for "shipping and handling," "processing fees" or whatever else these thieves have dreamed up. This looks to me like a variation of the notorious Nigerian scam in which some "government official" pleads for help in transferring vast sums of unclaimed money from one country to another. Don't fall for it. As Nancy Reagan said, "Just say no." And hang up. a few days ago, I’ve received several calls from an outfit that calls itself “Fargo Collection Agency.” The guy on the phone had a heavy accent, so heavy that I had a hard time understanding him. So I asked him to spell the name of the company, which he did, very slowly. Since I have a mortgage with Wells Fargo and am current with payments, I asked him what he wanted. He said I had won either a new Hummer or $60,000 and I could choose which one I wanted. I concluded that “collection agency” and winning anything simply doesn’t compute, so I told him he was trying to scam me and hung up. He immediately called back. I told him to f**k off and never call me again, and I hung up again. A minute later, his “supervisor” called me, and I told him the same thing in a series of 4-letter words. Then I hung up. Today, this same outfit called and got my wife on the phone. I took the phone from her and told the caller (a guy with a heavy accent) that he’s a scammer and that out phone number is on the Do Not Call Registry. Then he hung up. I don’t think this ourfit has any connection to Wells Fargo Mortgage Company. And I’m sure that in order to get what I “won,” I’d have to send a chunk of money for “shipping and handling,” “processing fees” or whatever else these thieves have dreamed up. This looks to me like a variation of the notorious Nigerian scam in which some “government official” pleads for help in transferring vast sums of unclaimed money from one country to another. Don’t fall for it. As Nancy Reagan said, “Just say no.” And hang up.

]]> By: Mike http://www.landlord-success.com/mortgage/how-to-avoid-wells-fargo-collections-via-phone/comment-page-1#comment-41018 Mike Wed, 10 Jun 2009 03:37:01 +0000 http://www.landlord-success.com/mortgage/how-to-avoid-wells-fargo-collections-via-phone#comment-41018 I find it very ironic that the same institutions that have created a global economic crisis can be so arrogant. This is the same crisis that has helped me to loss everything financially I have spent a life time to build up. I have been a long time customer of Wells Fargo Bank. I have never had a late payment until the last 3 months. Now they have jacked my interest payments to 26%. I have call repeatedly to make payments for what I owe. I am trying to make all payments necessary to be current. What I am asking for in return is a reasonable interest rate as they sold me when I took out the loan. The people that I have dealt with have all given me different lines of crap on how to get current and what my interest rate will be after. I never thought I would be distrustful of the whole banking industry, but I now trust nothing they tell me. The people they hire to collect this money I owe do not have answers for any questions that I ask. Although they have plenty of smart a_ _ comments. They do nothing but look for an argument. They will not put anything in writing as to terms. So they can change the rules of the game when ever they like. Go figure why our tax money goes to bail out company’s that not only created the problem but act as glorified loan sharks. I find it very ironic that the same institutions that have created a global economic crisis can be so arrogant. This is the same crisis that has helped me to loss everything financially I have spent a life time to build up. I have been a long time customer of Wells Fargo Bank. I have never had a late payment until the last 3 months. Now they have jacked my interest payments to 26%. I have call repeatedly to make payments for what I owe. I am trying to make all payments necessary to be current. What I am asking for in return is a reasonable interest rate as they sold me when I took out the loan. The people that I have dealt with have all given me different lines of crap on how to get current and what my interest rate will be after. I never thought I would be distrustful of the whole banking industry, but I now trust nothing they tell me. The people they hire to collect this money I owe do not have answers for any questions that I ask. Although they have plenty of smart a_ _ comments. They do nothing but look for an argument. They will not put anything in writing as to terms. So they can change the rules of the game when ever they like. Go figure why our tax money goes to bail out company’s that not only created the problem but act as glorified loan sharks.

]]> By: Kirsten http://www.landlord-success.com/mortgage/how-to-avoid-wells-fargo-collections-via-phone/comment-page-1#comment-40968 Kirsten Fri, 22 May 2009 16:07:10 +0000 http://www.landlord-success.com/mortgage/how-to-avoid-wells-fargo-collections-via-phone#comment-40968 So, I haven't had much luck with WF either. They screwed up my deferrment paperwork and now I'm paying the price! I have student loans through them and they have been non-stop harassing me for the last week. This is, mind you, after receving weekly phone calls and basically pleading with them to leave me alone. A rep finally conceded to put me on a weekly calling cycle (only once every 7 days), and that was status quo for about one week. So before a WF employee gets a wild hair up their @$$ and tells me to just pay my bills to make the phone calls stop, I have EVERY intention of paying my bills. I simply do not have the funds. I have tried to explain that, but the trite response is, "Well the phone calls will stop once you pay your bills!" Or, last night I got, "Well none of us like phone calls; that's why we pay our bills." If I could have reached through the phone and slapped her, I would have! But I digress. I cannot WAIT to get away from WF ASAP. And I have even considered suing them for harassment, because calling me everyday and asking for money does not magically create funds in my bank account. Doesn't justify treating me like a criminal or talking to me like a child. Their customer service SUCKS! I am looking into Asterisk today! THANK YOU! So, I haven’t had much luck with WF either. They screwed up my deferrment paperwork and now I’m paying the price! I have student loans through them and they have been non-stop harassing me for the last week. This is, mind you, after receving weekly phone calls and basically pleading with them to leave me alone. A rep finally conceded to put me on a weekly calling cycle (only once every 7 days), and that was status quo for about one week. So before a WF employee gets a wild hair up their @$$ and tells me to just pay my bills to make the phone calls stop, I have EVERY intention of paying my bills. I simply do not have the funds. I have tried to explain that, but the trite response is, “Well the phone calls will stop once you pay your bills!” Or, last night I got, “Well none of us like phone calls; that’s why we pay our bills.” If I could have reached through the phone and slapped her, I would have! But I digress. I cannot WAIT to get away from WF ASAP. And I have even considered suing them for harassment, because calling me everyday and asking for money does not magically create funds in my bank account. Doesn’t justify treating me like a criminal or talking to me like a child. Their customer service SUCKS! I am looking into Asterisk today! THANK YOU!

]]> By: Clau http://www.landlord-success.com/mortgage/how-to-avoid-wells-fargo-collections-via-phone/comment-page-1#comment-38333 Clau Wed, 11 Feb 2009 16:59:01 +0000 http://www.landlord-success.com/mortgage/how-to-avoid-wells-fargo-collections-via-phone#comment-38333 Thanks for this post. I don't even HAVE a Wells Fargo loan! But someone put my cell phone number down on their loan application, because now I get harrassing calls on my cell phone for some mysterious, probably apocryphal person named Kamo Issoyan (c'mon loan agents--can't you spot a fake name?). After a 2 SECOND google search, I found this Kamo Issoyan's work phone, home phone, and foreclosed properties. I even tried to give it to the collections guys on the phone but they refuse to take it, or take the suggestion of googling his name. I alternately plead and threaten this collections agency to remove my phone number from their rosters, but 1 or 2 weeks later, the harrassing phone calls begin anew. I have an HSA account with Wells and now I am thinking of cancelling it, as there is nothing else I can do to protest this shoddy service! Thanks for this post. I don’t even HAVE a Wells Fargo loan! But someone put my cell phone number down on their loan application, because now I get harrassing calls on my cell phone for some mysterious, probably apocryphal person named Kamo Issoyan (c’mon loan agents–can’t you spot a fake name?). After a 2 SECOND google search, I found this Kamo Issoyan’s work phone, home phone, and foreclosed properties. I even tried to give it to the collections guys on the phone but they refuse to take it, or take the suggestion of googling his name. I alternately plead and threaten this collections agency to remove my phone number from their rosters, but 1 or 2 weeks later, the harrassing phone calls begin anew. I have an HSA account with Wells and now I am thinking of cancelling it, as there is nothing else I can do to protest this shoddy service!

]]> By: m w http://www.landlord-success.com/mortgage/how-to-avoid-wells-fargo-collections-via-phone/comment-page-1#comment-31852 m w Tue, 21 Oct 2008 16:33:52 +0000 http://www.landlord-success.com/mortgage/how-to-avoid-wells-fargo-collections-via-phone#comment-31852 It is quite refreshing to know that others are having the same drama that I have been having. I am truly disappointed in Wells Fargo, and I will NEVER do business with thm again. Anybody here understand the collection practices associated with REFUSAL OF PAYMENT and regulations set forth? I truly believe that my rights have been violated. It is quite refreshing to know that others are having the same drama that I have been having. I am truly disappointed in Wells Fargo, and I will NEVER do business with thm again. Anybody here understand the collection practices associated with REFUSAL OF PAYMENT and regulations set forth? I truly believe that my rights have been violated.

]]> By: TheLandlord http://www.landlord-success.com/mortgage/how-to-avoid-wells-fargo-collections-via-phone/comment-page-1#comment-29331 TheLandlord Wed, 27 Aug 2008 20:54:41 +0000 http://www.landlord-success.com/mortgage/how-to-avoid-wells-fargo-collections-via-phone#comment-29331 You know, it would be good if Wells Fargo employees actually were to READ the posts BEFORE making stupid comments like the one above. But then again, I don't think you have to know how to read to be hired by Wells Fargo. Cases in point: http://www.landlord-success.com/real-estate-investing/why-wells-fargo-home-mortgage-sucks http://www.landlord-success.com/mortgage/wells-fargo-home-mortgage-follow-up http://www.landlord-success.com/mortgage/incompetence-rules-at-wells-fargo-home-mortgage The first post has no less than 73 comments at the time of this writing. Trend maybe?! You know, it would be good if Wells Fargo employees actually were to READ the posts BEFORE making stupid comments like the one above. But then again, I don’t think you have to know how to read to be hired by Wells Fargo. Cases in point:

http://www.landlord-success.com/real-estate-investing/why-wells-fargo-home-mortgage-sucks

http://www.landlord-success.com/mortgage/wells-fargo-home-mortgage-follow-up

http://www.landlord-success.com/mortgage/incompetence-rules-at-wells-fargo-home-mortgage

The first post has no less than 73 comments at the time of this writing. Trend maybe?!

]]> By: Jennifer http://www.landlord-success.com/mortgage/how-to-avoid-wells-fargo-collections-via-phone/comment-page-1#comment-29326 Jennifer Wed, 27 Aug 2008 14:36:07 +0000 http://www.landlord-success.com/mortgage/how-to-avoid-wells-fargo-collections-via-phone#comment-29326 Or perhaps you should just pay your damn bills. Hmmmm what a thought. Or perhaps you should just pay your damn bills. Hmmmm what a thought.

]]> By: joe http://www.landlord-success.com/mortgage/how-to-avoid-wells-fargo-collections-via-phone/comment-page-1#comment-29308 joe Tue, 26 Aug 2008 19:21:21 +0000 http://www.landlord-success.com/mortgage/how-to-avoid-wells-fargo-collections-via-phone#comment-29308 They also suck as far as their revolving accounts for business such as slumberland. They claim I bounced a check and have place me in collections. My bank continues to reassure them and document that I never bounced a check to them, but they don't care, they just want the extra money they make on the late fees and bounced check fees. They also suck as far as their revolving accounts for business such as slumberland. They claim I bounced a check and have place me in collections. My bank continues to reassure them and document that I never bounced a check to them, but they don’t care, they just want the extra money they make on the late fees and bounced check fees.

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