BUSINESSMARKETWATCH
I wanted to transfer $17,000 in credit-card debt. Why did Wells Fargo offer me only a $4,000 credit limit?
A user attempted to transfer $17,000 in credit-card debt to Wells Fargo but was offered only a $4,000 credit limit. The user inquired about the low limit but received no explanation from the bank.
Related Signal
Adjacent reporting
- Need a credit-score boost? Call your credit-card company and ask for this — but proceed with caution.
- Debt collection scam?
- Credit card debt is squeezing households — credit counselors say act now
- How can I settle my credit card debt with no money?
- What happens if a creditor refuses to negotiate your debt?