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Wells Fargo is shutting down all lines of personal credit

Wells Fargo is shutting down all lines of personal credit

Ry Crist | CNET.Com Troy Warren for CNT The bank warns customers that the account closures "may have an impact" on their credit scores. Wells Fargo told customers that it plans to shutter all lines of personal credit in the coming weeks, CNBC reported on Thursday. The bank reportedly sent a letter to customers saying it'll no longer offer the lines of credit, which range from $3,000 to $100,000 and serve to help fund things like home repairs and renovations or to consolidate credit card debt. The bank's letter to customers warned that account closures "may have an impact on your credit score," according to CNBC. Current…
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