Wells Fargo to pay $56.85 million settlement. Are you eligible?

Wells Fargo has agreed to pay $56.85 million to settle a class‑action lawsuit that claims some customers’ credit scores were harmed during the COVID‑19 pandemic. The bank did not admit wrongdoing but agreed to the settlement after a lawsuit alleged it violated the Fair Credit Reporting Act by improperly reporting mortgage forbearances, which allows borrowers to pause or reduce payments during financial difficulty, according to legal news site Top Class Actions. The lawsuit alleged that during the early ...