$56.85M Wells Fargo CARES Act class action settlement
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Who Is Eligible?
You may be eligible to file a claim if you:
- 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 Can You Get?
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 to File Your Claim
Filing your claim is quick and easy:
- 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
- Download the Class Action Buddy app to get notified when the claim period opens and file your claim easily
💡 Easier way: File with Class Action Buddy
Skip the paperwork. Our app auto-fills your claim form with your saved profile and submits it electronically in under 2 minutes.
Download for iPhone Download for AndroidFrequently Asked Questions
What is the deadline to file a claim for the $56.85M Wells Fargo CARES Act class action settlement?
The current deadline to file a claim is Mar 25, 2026. Note: claims sent by mail must be postmarked by this date, and Class Action Buddy ships claim forms with a 7-day mailing buffer to ensure on-time delivery.
Do I need proof of purchase for the $56.85M Wells Fargo CARES Act class action settlement?
No proof of purchase is required — you can typically file based on a sworn statement, without receipts, photos, or product packaging. Note: some class action settlements still require a Claimant ID or PIN from a notice mailed to affected class members; if this settlement does, it will be shown on the official claim form.
How do I file a claim for the $56.85M Wells Fargo CARES Act class action settlement?
You have two options: (1) Use the free Class Action Buddy mobile app — set up your profile once and the app auto-fills the PDF claim form, captures your signature, and submits the claim by mail on your behalf. (2) File directly with the settlement administrator using the official claim form linked on this page.
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.
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