A recent class action settlement could bring financial relief to thousands of Wells Fargo customers in California. If you received calls from a third-party company working with Wells Fargo between 2014 and 2023, you might be entitled to as much as $5,000. This legal action centers around claims that those calls were illegally recorded without consent—an alleged violation of privacy rights under California law.
In this article, we’ll explain who qualifies, how to file a claim, and what deadlines to watch for. If you were affected, you’ll find everything you need to know to claim your payment and protect your rights under the Wells Fargo Class Action Settlement 2025.
Wells Fargo Class Action Settlement 2025
The Wells Fargo Class Action Settlement 2025 stems from a lawsuit involving calls recorded without proper consent. The recordings were made by a third-party vendor, The Credit Wholesale Co. Inc., and allegedly violated the California Invasion of Privacy Act (CIPA). While Wells Fargo and the vendor deny wrongdoing, they have agreed to pay $19.5 million to resolve the claims and avoid prolonged legal proceedings.
If you were a California resident or business who received such calls between October 22, 2014, and November 17, 2023, you may be eligible for compensation. Each recorded call could earn you around $86, and depending on how many calls you received, your total could reach up to $5,000.
Overview Table
| Key Detail | Information |
| Settlement Amount | $19.5 million |
| Eligibility Period | October 22, 2014 – November 17, 2023 |
| Compensation Per Call | Approx. $86 |
| Maximum Individual Payout | Up to $5,000 |
| Claim Deadline | April 11, 2025 |
| Proof Required | Phone number that received the calls |
| Final Approval Hearing | May 20, 2025 |
| Settlement Type | Class action (California residents only) |
| Vendor Involved | The Credit Wholesale Co. Inc. |
| Law Cited | California Invasion of Privacy Act (CIPA) |
You might be eligible for up to $5,000
Anyone in California who received a recorded call from The Credit Wholesale Co. Inc. without their consent between 2014 and 2023 could qualify for a payout. The total amount you can receive depends on how many calls you received. Each eligible call is worth roughly $86, and with multiple calls, you could reach the $5,000 cap.
The good news is that no additional documents are needed. As long as your phone number is in the system used to identify class members, you can file your claim quickly and easily. Don’t delay—claims must be submitted by April 11, 2025.
Do nothing and receive a settlement check
If you were identified as a class member and didn’t opt out of the settlement, you don’t need to take any action to receive a payment. You’ll automatically receive a settlement check once the process is complete. By staying in the class, however, you are giving up your right to sue Wells Fargo separately for the same issue.
This automatic payment applies only to individuals already listed in the class action records. If you believe you are eligible but were not contacted, you should file a claim to ensure your compensation.
Additional Claims
Beyond the general settlement, individuals could also submit a claim for additional compensation. This applied to people who believed they were placed into forbearance without informed consent, leading to negative impacts such as denied or delayed credit applications.
To qualify for this additional compensation, a claim form had to be submitted by January 10, 2025. With the court having granted final approval, no new claims for additional damages can be filed now. Those who didn’t opt out of the class are also bound by the terms and cannot file separate lawsuits on the same issue.
How to Claim Your Payment
If you think you’re eligible but haven’t received notification, you can file a claim manually. Here’s how:
- Visit the official settlement website or a trusted legal resource site like Top Class Actions.
- Enter your phone number to see if you’re eligible.
- If confirmed, complete the claim form online.
- Submit your claim no later than April 11, 2025.
You do not need any further evidence—your phone number is sufficient. This makes the process quick and straightforward for those affected.
Why This Case Matters
This class action serves as a powerful reminder of how serious privacy violations are taken under California law. The California Invasion of Privacy Act is one of the strictest in the nation, requiring all parties to consent before any call can be recorded.
Although Wells Fargo and the third-party vendor have denied any wrongdoing, the decision to settle reflects the importance of consumer trust and legal compliance. For affected individuals, it’s not only about financial compensation—it’s also about accountability and transparency.
FAQs
Q1: Who qualifies for the Wells Fargo Class Action Settlement 2025?
California residents or businesses who received a recorded call from The Credit Wholesale Co. Inc. between October 22, 2014, and November 17, 2023.
Q2: How much compensation can I receive?
You could receive approximately $86 per call, with a maximum payout of up to $5,000.
Q3: What proof do I need to file a claim?
You only need the phone number that received the calls—no additional documents are required.
Q4: What if I don’t file a claim?
If you were already identified as a class member and didn’t opt out, you will automatically receive a payment and give up your right to sue separately.
Q5: What was the deadline for filing additional claims?
The deadline for additional damage claims was January 10, 2025. That period is now closed.
Final Thought
The Wells Fargo Class Action Settlement 2025 could mean up to $5,000 in your pocket—especially if you received multiple unwanted recorded calls over the years. With no complicated paperwork required, now is the time to check your eligibility and claim what may be rightfully yours.
Don’t wait until it’s too late. If you or someone you know lives in California and might qualify, share this article and encourage them to submit their claim before the April 11, 2025 deadline.
