April 19, 2024

AndronETalksNews

AndronETalksNews

Wells Fargo Confirms Its Shutting Down All Personal Lines of Credit

Epoch Times

 
July 8, 2021 Updated: July 8, 2021

Wells Fargo said it will no longer be offering personal lines of credit and will shut down all existing personal lines of credit for customers, according to reports. The move doesn’t appear to affect credit cards.

A spokesperson for Wells Fargo confirmed the development and said the decision to do away with personal lines of credit will allow the firm to focus on its credit card and personal loan services.

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