Personal lines of credit have a higher default rate than many other products and are higher risk.
But they should phase them out in a way that minimizes impact to people's credit score. Doesn't sound like they're doing that.
All the big banks are awful, but WF is probably the worst in re: how it treats individuals.
*STRAPS IN* WEEEEEEEEEEEEEEE LET'S GO FOR A RIDE.
Negative Beta GME GO UP WHEN MARKET GO DOWN =)