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Active Settlement

Wells Fargo Bank N.A. FCRA Settlement 2026

Wells Fargo agreed to a $56.85 million class action settlement over claims it violated the Fair Credit Reporting Act by inaccurately reporting CARES Act forbearances. The settlement benefits California mortgagors who received a CARES Act forbearance on or after March 27, 2020.

FCRAWells Fargo CARES Act Mortgage Credit Reporting Class Action c/o A.B. Data Ltd.Deadline: 3/25/2026Stoff v. Wells Fargo Bank N.A. logo

Key Takeaways

  • Filing deadline: 3/25/2026.
  • Eligibility snapshot: California residents with a Wells Fargo mortgage on property in California who were current on their mortgage payments and received a CARES Act forbearance on or after March 27, 2020.
  • Proof may not be required for every claimant, but having receipts or account records still improves your filing quality.
  • Settlement administrator: Wells Fargo CARES Act Mortgage Credit Reporting Class Action c/o A.B. Data Ltd..
  • Official claim form is available through an external filing site.

Who Qualifies

California residents with a Wells Fargo mortgage on property in California who were current on their mortgage payments and received a CARES Act forbearance on or after March 27, 2020.

Class Period

3/27/2020 to Present/Unknown

Documentation

Proof may be optional.

Covered vendors: Wells Fargo Bank N.A.

Covered products/services: mortgage, CARES Act forbearance

Defendants: Wells Fargo Bank N.A.

Geographic scope: CA

Full Filing Guide

Stoff v. Wells Fargo Bank N.A. is categorized under financial services & banking settlements, and this guide covers the essential details you need to determine if this settlement applies to you. This matter currently appears active in the FoundMoney directory. If you are evaluating whether to file, the fastest first step is to verify that your purchases, subscriptions, or account activity line up with the class definition and class period.

Wells Fargo agreed to a $56.85 million class action settlement over claims it violated the Fair Credit Reporting Act by inaccurately reporting CARES Act forbearances. The settlement benefits California mortgagors who received a CARES Act forbearance on or after March 27, 2020. The relevant class period is generally described as 3/27/2020 through a later date. Where administrators publish revisions, amended deadlines, or supplemental notices, this page should be treated as a directional guide and the official claim portal remains the source of truth for filing requirements.

Who should pay close attention: users who purchased covered products/services, maintained affected accounts, or transacted with named defendants during the qualifying window. Purchaser scope is currently listed as Indirect Consumer. Named or covered vendors include Wells Fargo Bank N.A.. Covered products/services currently reference mortgage, CARES Act forbearance.

The reported settlement fund is approximately $56,850,000. Individual recovery is usually determined by claim volume, documentation strength, and any pro-rata formula approved by the court. In many settlements, payout timing can range from several weeks to multiple months after claim validation. Filing early and submitting complete information often helps avoid avoidable delays when administrators perform audits or deficiency checks.

Documentation may not be mandatory for all class members, but submitting purchase records can still help reduce follow-up requests. Current eligibility language: California residents with a Wells Fargo mortgage on property in California who were current on their mortgage payments and received a CARES Act forbearance on or after March 27, 2020. Filing deadline tracking matters because late claims can be rejected automatically; plan to submit by 3/25/2026 unless the administrator publishes an extension.

Practical filing workflow: confirm your transactions, gather supporting records, submit the online claim form, and store your confirmation number for follow-up. If you are uncertain on edge cases, contact the administrator directly at the support channels listed on the official site. Check back periodically for updates as new information becomes available. You can also browse related settlements in the Financial Services & Banking Settlements category.

If you have additional questions about the Stoff v. Wells Fargo Bank N.A. settlement, contact Wells Fargo CARES Act Mortgage Credit Reporting Class Action c/o A.B. Data Ltd. directly. Filing early and providing complete documentation is the most effective way to avoid delays. You can compare this settlement with other active cases in the Financial Services & Banking Settlements category.

See all active financial services settlements to compare this case against related active settlements in the same category.

Settlement FAQs

What is the Stoff v. Wells Fargo Bank N.A. class action about?

The class action lawsuit alleges that Wells Fargo violated the Fair Credit Reporting Act by inaccurately reporting CARES Act forbearances, which negatively impacted consumers' credit scores.

Who is eligible to file a claim in this class action?

Eligibility is limited to California residents who have a Wells Fargo mortgage on property in California, were current on their mortgage payments, and received a CARES Act forbearance on or after March 27, 2020.

What is the deadline to file a claim?

The deadline to file a claim is March 25, 2026.

Is proof of purchase required to file a claim?

No, proof of purchase is not required to file a claim in this class action.

How much is the total settlement amount?

The total settlement amount is $56.85 million.

How will the settlement funds be distributed among class members?

Class members will receive an equal share of the net settlement fund, with exact payments varying based on the number of participating class members and any deductions for fees and expenses.

Where can I find the claim form?

The claim form can be found at CaresActLitigation.com.

What happens if I receive a settlement check?

If you receive a settlement check, you will have 90 days to cash it.

What should I do if I have more questions about the settlement?

For more questions, you can visit the settlement website at CaresActLitigation.com or contact the settlement administrator, A.B. Data Ltd.

Has Wells Fargo admitted any wrongdoing in this case?

No, Wells Fargo has not admitted any wrongdoing but agreed to the settlement to resolve the claims.

Official Filing Links

Source: settlement source page

Reviewed By

AH

Addison Hoff

Creator, FoundMoney.dev

Addison leads FoundMoney's public settlement research workflow and reviews summaries before publication.

Last reviewed: 2/21/2026

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