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Why Is Wells Fargo Getting Rid of Personal Credit Lines?

·4 min read
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Why would the bank choose to get rid of a product that brought in hundreds of millions of dollars in revenue annually? In this Fool Live video clip, recorded on July 12, Fool.com contributor Matt Frankel, CFP, and Industry Focus host Jason Moser discuss why Wells Fargo might have made this controversial decision. Jason Moser: Matt, last week, there was an interesting headline out there regarding Wells Fargo that we talked a little bit about it among some of us on the team here, and you and I were taking this around.