Consumer complaint received 2022-12-01
Company: WELLS FARGO & COMPANY
State: VA
Product: Vehicle loan or lease
Sub-product: Loan
Issue: Getting a loan or lease
Sub-issue: Confusing or misleading advertising or marketing

Complaint:
WELLS FARGO CONTINUES TO CLOSE MY COMPLAINTS WITHOUT PROPERLY ADDRESSING THEM. WELLS FARGO SENDS THE SAME RESPONSE EVERY TIME AND SENDS THE SAME RESPONSE TO OTHER CONSUMERS THAT HAVE COMPLAINTS ABOUT THE SAME ISSUE I initiated a consumer credit transaction and was discriminated against. Please tell me where in the ECOA does it say an applicant can be denied because of credit score? Where in the law does it say that an applicant can be denied because of whats on consumer report? Congress doesnt mention credit score not one time. A consumer cant be denied something that is their god given right. Congress does mention that I AM THE ORIGINAL CREDITOR Congress also mentions the powers and duties of the banks is to borrow and pay interest. To whom it may concern : I am writing about the adverse action letter that was mailed to me XX/XX/2022. Although credit is a factor its not a deciding factor. The law is the law and I cant be denied an extension of credit when I came in GOOD FAITH. One of the reasons for denial was because serious delinquency and derogatory public records or collections. Thats false and misleading for one and for two the delinquent bills are MEDICAL BILLS which by law cant be used as a deciding factor. I have sent several letters explaining why it was discriminatory to deny me which have gone unanswered. I have explained how the bill will be paid and there still havent been a response. This is clearly discrimination. How many white women do you know named XXXX? Exactly none because its an XXXXXXXX XXXX name and with that said XXXX people are the most discriminated against race there is. To deny me because of medical bills on my consumer report is absurd and ridiculous. Me having to apply and to keep being denied because I'm XXXX we all know this is true whether you admit or not but to constantly keep applying and getting denied over medical bills when you really look at whats on the consumer report makes me look desperate all these inquiries makes me look desperate and needy and you people hold all the power. Another reason was because I dont have enough credit history well have you thought about how I would be able to build credit is no one gives me credit to build? Ill never be able to build credit history and Ill will always be denied. The system is unfair and unjust. I hope that you can find it in your heart to at least give me the chance to build credit to have a credit history. To say youre not approved because you dont have enough credit or enough credit history or for delinquent medical bills is quite harsh especially when youre benefiting either way. Thats not good business practices. 15 USC 1611 criminal liability for willful and knowing violations. Giving false and misleading information telling me I was denied for whatever reason falls under this statue. All I want is a nice vehicle for my family so I can be able to continue to go to work and take care of my family. What if no one never gave you a chance? Or what if you werent born into the life you were born into? What if you were XXXX? You would want some one to feel and have some compassion for you too. Best, XXXX : XXXX Without prejudice, all natural inalienable rights reserved I am the registered agent on behalf of this account. You have interest on your books thats owed to my principal. I am here on the behalf of the principal. I am here to accept all rights and interest thats owed to the principal. I am well aware that my social security was the asset in this contract. I would like to transfer all the credits that were never transferred back to this account moving forward. WellsFargo should resort to reasonable procedures to rectify this affair and compensate me for the use of my social security number and TRADE OF MY SECURITIES. Otherwise, this would be considered an unauthorized use since I have received NO BENEFIT. When you open a bank account you are required to fill out a signature card ( negotiable instrument ). This card has your principals name, your signature, and your ssn on it, this is the intial deposit they make into your account to open the account up. They are liable to pay you back for this. Lets say its worth XXXX ( you know that $ XXXX insurance thats on every account ), they are obligated to give you that money as the signature card is a financial asset. Deposit means : ( i ) The unpaid balance of money or its equivalent received or held by a depository institution in the usual course of business and for which it has given or is obligated to give credit, either conditionally or unconditionally, to an account, including interest credited, or which is evidenced by an instrument on which the depository institution is primarily liable ; Please transfer the XXXX of credits to my account with WellFargo. I further know that my credit application was a financial asset that has been traded I have not benefited from this transaction but WellsFargo has. The inquiries on my consumer report validates that an account was opened. 31 U.S. Code 3127 - Credit to officers, employees, and agents for stolen Treasury notes When an officer, employee, or agent of the United States Government authorized to receive, redeem, or cancel Treasury notes receives or pays a note that was stolen and put in circulation after it had been received or redeemed by an XXXXfficer, employee, or agent authorized to receive or redeem the note, the Secretary of the Treasury may allow the officer, employee, or agent receiving or paying the stolen note a credit for the amount of the note. The Secretary may allow the credit only if the Secretary is satisfied that the note was received or paid in good faith and in exercising ordinary prudence. I am here to claim that treasury note. I am aware that banks CANT loan money but can transfer credits. I am aware of the powers and duties of banks pursuant to 12 U.S. Code 1431 - Powers and duties of banks ( a ) Borrowing money ; issuing bonds and debentures ; general powers. ... ( b ) Issuance of consolidated XXXX XXXX XXXX XXXX  debentures ; restrictions. ... ( c ) Issuance of XXXX XXXX XXXX XXXX bonds. ... ( d ) Additional or substituted collateral on adjustment of equities. BEST, XXXX : XXXX Without prejudice, all natural inalienable rights reserved.

Company public response: Company has responded to the consumer and the CFPB and chooses not to provide a public response
Company response to consumer: Closed with explanation