Wells pulling credit lines - Page 2
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  1. #26
    Karen37a
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    I cant comment...Im a small little nobody in the financial world..I am not on the inside of that bank at that high a level.
    maybe someone else knows...i heard rumors though

    My merchants did get their pay off letters out and the zero balance letter
    Last edited by Karen37a; 12-02-2016 at 09:36 AM.

  2. #27
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    rumor is now bfs line being pulled

  3. #28
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by sean bash View Post
    I haven't gotten any confirmation that this is related to Wells Fargo. Only statement from CAN thus far has been that they 'self-identified' issues and are taking appropriate actions. I know that's corporate speak but...
    C'mon Sean, like they are going to be up front with you? They are spinning trying to save what is left of the company

  4. #29
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    Quote Originally Posted by Chambo View Post
    C'mon Sean, like they are going to be up front with you? They are spinning trying to save what is left of the company
    this is I will agree with I think they are just trying to stay afloat for as long as possible to get as much collections in as possible on outstanding loans before the whole thing goes up in flames. I could be wrong but this feels like it is not a matter of IF they are done but more of a WHEN they are done
    John Celifarco
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    Horizon Funding Group

    3423 Ave S
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    Email: john@horizonfundinggroup.com

  5. #30
    Karen37a
    Guest
    I think we do not know the internal damage..but it has to be bad for people to step down or be ousted.

    People can pull out of steep nose dives...you never know

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