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Wells Fargo Cutting Credit

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Wells Fargo Cutting Credit

B
Benzinga

2 Views • Sep 01, 2021

Description

Wells Fargo ($WFC@US) stated on Thursday that personal lines of credit would no longer be available to consumers and that all current lines of credit will be closed in the following weeks. Wells Fargo has cautioned customers that account cancellations may have a negative impact on their credit ratings. At the time of publication, the company's stock was up 1.83%.