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Wells Fargo is closing your personal line of credit account. Here’s what happens next

Wells Fargo is closing your personal line of credit account. Here’s what happens next

Why the bank says it plans to «simplify» offerings, and what that means for customers.

Wells Fargo is shutting down all existing personal lines of credit in the coming weeks and will no longer offer the product to customers. The bank previously offered revolving credit lines from $3,000 to $100,000, which were marketed as a way for customers to finance home renovations or consolidate credit card debts.Leer más »Wells Fargo is closing your personal line of credit account. Here’s what happens next