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Wells Fargo Changes Consumer Agreement, Banning You From Suing Them

Wednesday, December 7, 2011 - 4:50 PMWells Fargo Bank - Details
From the Consumerist
Jason is a good consumer, and so he made sure to read through a notice from his bank, Wells Fargo, about changes to his consumer agreement. And it's a good thing he did read it, because in it, they informed him he'll no longer be able to take them to court.

Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708
1. Wednesday, December 7, 2011 - 11:40 PM
So, what would be the best response?  Close the account, or opt out of the new agreement?
emoryemory15 posts since
May 26, 2011
Rep Points: 50
2. Thursday, December 8, 2011 - 12:17 AM
I phoned Online banking (800.956.4442).  There is no opt out option.  I  was also told that this part (online consumer agreement) was probably already in place, pre Wells Fargo.  (I was a Wachovia conversion, originally at a bank in the 1960s.)

I suggested that I did not agree with any opitions which may limit my disagreement (court or otherwise).  

Very troubling.
emoryemory15 posts since
May 26, 2011
Rep Points: 50