Tia
TUG Member
- Joined
- Jun 6, 2005
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Hi all,
I have read previously about peoples equity lines being reduced in recent times. We got a letter saying Wells Fargo has decided ours has matured as of 4/20, so they are closing it after 13 years having it available. I have not dug out the original papers. Guess they can do what they want?
We have not used it much, but it was tied to our checking as a overdraft protection after they got rid of that product several years ago. It was costing us $0 unless we used it, it was 1 1/2 over prime if we did. So now suppose anything they have to replace it will cost us $$
I have read previously about peoples equity lines being reduced in recent times. We got a letter saying Wells Fargo has decided ours has matured as of 4/20, so they are closing it after 13 years having it available. I have not dug out the original papers. Guess they can do what they want?
We have not used it much, but it was tied to our checking as a overdraft protection after they got rid of that product several years ago. It was costing us $0 unless we used it, it was 1 1/2 over prime if we did. So now suppose anything they have to replace it will cost us $$