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Sen. Elizabeth Warren slams bank for potential credit score hit to its customers

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U.S. Senator Elizabeth Warren (D-MA) questions Charles P. Rettig, commissioner of the Internal Revenue Service, during the Senate Finance Committee hearing titled The IRS Fiscal Year 2022 Budget, in Dirksen Senate Office Building in Washington, D.C., June 8, 2021.

Tom Williams | Pool | Reuters

Wells Fargo‘s decision to pull customers’ credit lines was lambasted by Sen. Elizabeth Warren.

The bank has been notifying customers that their personal lines of credit would be closed, a move that could potentially damage their credit scores, CNBC reported Thursday.

“Not a single customer should see their credit score suffer just because their bank is restructuring after years of scams and…



Source cnbc.com

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