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Yes, Wells Fargo didn't even open proper application until the same day the SBA said they were out of money. Here's hoping I'll be part of another class action
by edoceo 7y ago
Yes, Wells Fargo didn't even open proper application until the same day the SBA said they were out of money. Here's hoping I'll be part of another class action against them.
- beart 7y agoThe only reason I can imagine staying with Wells Fargo is to keep a few bucks in an account to be part of the yearly class actions.
- dboreham 7y agoAnother reason is that I can write a heck of a lot of code in the time it would take for me to change my business to use another bank.
- nulbyte 7y agoI'm not sure I understand this. Can you not continue writing code while moving to another bank? Did itnfor a no profit last year. Wasn't as difficult as I thought it would be.
- dehrmann 7y agoUnless they were contractually obligated to you to have the application open by a certain date, I'm not sure what they did wrong. Sorting out the logistics of a new type of loan is bound to take some time, and it's only been three weeks since the CARES Act was passed. Honestly, that's a fast turn around on their end. Take up the CARES Act being underfunded with your representatives.