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Stuffing customers with debt is not good for our economy! - Review by citysearch c | Wells Fargo Bank

Wells Fargo Bank

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Stuffing customers with debt is not good for our economy! 7/26/2006

Wells Fargo has a new mantra called the "Great Eight." This directive to all in consumer banking is to stuff (upsell and cross sell) existing customers with 8 of their products. I saw this in their job ads and think that in this time of already rising cosumer debt that institutions that command such market share should be at least a little careful not to tip the economy. Grant it they are pushing savings accounts, but those accounts allow them to make more home financings happen for already over-priced homes. Thanks Wells Fargo! more
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