Posted on 08/25/2021 2:02:59 PM PDT by algore
Your Line of Credit account will remain open We previously informed you that we plan to discontinue our Personal and Portfolio Line of Credit products and that your Line of Credit account would be closed. However, based on feedback from our customers (thank you if you provided feedback!) we are adjusting our approach. As a result, your Line of Credit account will remain open.
What you need to know Your Line of Credit account ending in xxxx will remain open, and you may continue to use your account as you have done in the past.
The terms of your account are not changing, and you may disregard the previous product discontinuation communications you have received. No action is required from you.
We're here to help For any questions, please visit Personal Credit Line Update.
Thank you. We appreciate your business and apologize for any confusion that this may have caused.
John Rasmussen EVP & Business Leader Personal Lending
(Excerpt) Read more at wellsfargo.com ...
No, no I am not better off
I have suffered monetary damages due to this.
I just have not calculated them yet
Wells Fargo is WTF without the T.
Only a fool leaves their money with known thieves.
You f****d up! You trusted us!
the initial decision to drop this line of business made zero sense (from a business POV)
one can only wonder how a big corporation can make such obvious mistakes in the first place
(and it IS unusual for a big company to catch and correct its errors like this........ witness: Sears, Target, JCPennies, Ben&Jerry/Unilever, and many more.....no corrective actions — the management just sticks to its “Phuque the Public even if it smears or destroys the company” attitudes)
I received the original WF LOC cancellation via email. Assumed it was a malicious spam. Deleted.
You f’ed up.
You trusted us.🙄
Like minds
You got screwed. What else is new ? It’s a terrible bank. Sue them.
Bank of America and Wells faRGO ARE FOR SIMPS. tHEY ARE THE WORST BANKS IN aMERICA AND PROVE IT TIME AND AGAIN.
I worked in commercial banking for over 40 years. I wouldn’t get near either one.
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