QUESTION
Corrupting Credit History by Bank Wells Fargo
Asked on Apr 26th, 2013 on Consumer Fraud - California
More details to this question:
Credit Card Denial from Wells Fargo Bank stating the reason as "Not a permanent US resident". Bank should have not accepted my application & should have not proceeded with credit check, it is very clear not to accept credit card application from non-citizen. Doing a credit check and later denial of credit card means that my credit history gets affected and the next Loan I was planning to take will be on higher rate, this is simple case of affecting credit history of work visa holders and this affect the Loan rate for car loan, study loan and house loan, such loans are not denied for work visa holders. I need a compensation from the bank for ruining my credit history. I have a car Loan which I was suppose to re-fiance on better rate of what was offered initially to me, but the hard credit check by Wells Fargo will definitely affect credit rate. I need compensation for this
1 ANSWER
Did your credit card application state you were NOT a US Citizen? Did the advertisement for the credit card state ONLY US Citizens can apply?
As for "ruining your credit" I can assure you as an experienced consumer rights attorney one inquiry did NOT ruin or have any significant impact on your credit profie or score.
You said the "hard credit check" will definitely affect your credit. Who told you that? Do you have documents showing your credit score before and after the inquiry?
If you can show from the documents that you were tricked into apply when you had no chance to be accepted you might have a claim, but the problem will be showing you have any actual (not theoretical) damages.
Answered on Apr 27th, 2013 at 7:59 PM
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