10 Most Hated Companies in America in 2020

2. Wells Fargo (WFC)

Wells Fargo is not the only bank that is much hated in America – Bank of America and JPMorgan Chase among others attract significant distaste as well. It emerged in 2016 that Wells Fargo’s employees fraudulently opened 3.5 million spam accounts to make it appear that they achieved quotas assigned to them. The big deception leaked and forced former CEO John Stumpf to quit the organization that year.

That’s not all. Wells Fargo also charged more than 500,000 customers for auto insurance that was unrequested and ultimately useless; and the bank equally debited more than 100,000 customers for late mortgage fees the company engineered to be paid late. Many Americans consider Wells Fargo a dishonest bank and steer away from the organization, with many others simply hating it for its unethical financial practices.

Wells Fargo

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