The Economic Ninja
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WELLS FARGO backtracks & Reinstates Personal Lines Of Credit
Posted
August 18, 2021
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5:31Now PlayingWELLS FARGO backtracks & Reinstates Personal Lines Of Credit
Wells Fargo bank has just done a 180ﾟ change in its policy of canceling personal lines of credit. I reported on this last month and it was big news because it was a sign of credit contracting. However most people do not realize that this still has nothing to do with their outlook on the economy but because of extreme backlash from its customers.
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