Wells Fargo Mortgage Complaint - Over Charging Of Interest

Review by Tots on 2008-07-14
I pay my mortgage electronically not most people do. After the initial set up (first payment) it goes into their account the day after I make the transaction. I have verified the funds are in their account. Wells Fargo told me I am giving credit the day they receive my money however this is NOT TRUE. If I use their "for a fee" bill pay service it's instant 24/7 on 365 days a year. If I choose to have my bank wire funds into their account they give me credit for the funds when they get around to posting it.

At nearly $50 per day they make $ by not posting it in a timely manner. I've started to file complaints. If they have my money I should get credit for it. What a bunch of thieves.

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