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| *Ostroff, Fair and Company>>>Credit |
Is there any wellsfargo customer that has a"elite signature card" with no credit limit?it is possible? |
Wells fargo just upgraded my credit card to a signature card and told me that there is not a credit limit just a "revolving line of credit" but that i can buy and buy with no overdraft fee or credit limit. Is that possible? Well if that is in fact what they told you then yes it is possible. However, are you sure this is not tied to something. Such as the equity in your house, or your checking or savings account. Since they said "no overdraft or credit limit" it does sound like it actually may be a Debit Card. If this is the case this comes directly out of your checking account and is not a credit card. If you don't understand exactly what it is after you read the terms you should call Wells Fargo. This way you won't get yourself in trouble because you misread something. The only thing i know wellsfargo bank for is Bank charges from any loophole they can get.Its obvious you own a big business or a home with a fat equity,they might lure you with all those no limit accounts but read between the lines,your home is an easy target,they are not stupid,you cant get nothing from Wellsfargo unless you give them your financial security in this case your home or business.I,d rather deal AMEX. Get a magnifying glass and get your Wellsfargo truth to lending documents you signed with them,youll soon see why! |
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