$56.85M Wells Fargo CARES Act class action settlement
By the Class Action Buddy Editorial Team · Last reviewed April 22, 2026
Looking for a settlement you can still file?
This one is closed, but our 60-second eligibility quiz finds the ones that are still open.
Who Was Eligible?
Who the settlement covered:
- Had a Wells Fargo mortgage or loan that received a CARES Act forbearance
- Had the forbearance inaccurately reported to credit bureaus
- Experienced negative credit reporting as a result of Wells Fargo's reporting practices
- Details about specific time periods and additional eligibility requirements are pending
How Much Did It Pay?
The total settlement fund is $56.85 million, which will be distributed among eligible class members. The exact amount each person can receive will depend on the number of valid claims filed and the specific impact of the inaccurate credit reporting on each individual case. Payment details and individual settlement amounts are still being finalized.How this claim was filed
This settlement is closed, so the steps below are kept for reference only — they no longer lead anywhere you can file.
- Gather documentation related to your Wells Fargo loan and any CARES Act forbearance you received
- Collect any credit reports or documentation showing negative impacts from the inaccurate reporting
- Wait for the official claim form to become available
Looking for something you can still claim?
This one has closed, but the open settlements list is kept current, and Class Action Buddy will tell you when a new one matches your profile.
Frequently Asked Questions
What is the deadline to file a claim for the $56.85M Wells Fargo CARES Act class action settlement?
The deadline to file a claim was Mar 25, 2026, and it has passed. Claims are no longer accepted for this settlement.
Did I need proof of purchase for the $56.85M Wells Fargo CARES Act class action settlement?
No proof of purchase was required — claims could be made on a sworn statement, without receipts, photos, or product packaging.
What is the Wells Fargo CARES Act settlement about?
Wells Fargo agreed to pay $56.85 million to settle claims that it violated the Fair Credit Reporting Act by inaccurately reporting CARES Act forbearances to credit bureaus, potentially damaging customers' credit scores.
How much money can I get from the Wells Fargo settlement?
Individual payout amounts haven't been announced yet. The total settlement is $56.85 million, which will be divided among eligible class members based on the number of valid claims and individual circumstances.
When is the deadline to file a Wells Fargo CARES Act claim?
The claim deadline hasn't been announced yet. Settlement details including the filing period are still being finalized. Use Class Action Buddy to get notified when the claim period opens.
Primary source: the official settlement administrator’s website named in the court-approved class notice. We track this settlement from public settlement-notice sources; a single official administrator claim URL was not on file, so confirm the details on the official settlement website before you file.
Class Action Buddy is an independent directory and is not affiliated with, endorsed by, or sponsored by the settlement administrator or the court. This page is general information, not legal advice. See how we verify settlements.
This settlement has closed
The filing deadline for this one has passed, so no new claims are being accepted. Class Action Buddy tracks the settlements that are still open and tells you when a new one matches your profile.
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