Wells Fargo Credit Card Applications Plunge by 55%
Seems Wells Fargo is having a harder and harder time convincing Americans to sign up for credit cards. In February, credit card applications at the bank plunged by 55%, the sharpest decline since last September’s horrendous fake account scandal. In fact, Wells Fargo has suffered double-digit declines in regards to checking accounts and credit card applications EACH MONTH, since the fake account settlement. “Regulators have said that Wells Fargo employees may have submitted as many as 565,000 credit card applications without customers’ knowledge or consent. Some of those fraudulent applications hurt customers’ credit scores, while others led to needless fees. Wells...
Read More






