Wells Fargo Bet on a Flashy Rent Credit Card. It Is Costing the Bank Dearly.
The bank is losing money every month on the program as savvy customers flock to the card and projections on key revenue drivers turn out to be inaccurate.
The bank is losing money every month on the program as savvy customers flock to the card and projections on key revenue drivers turn out to be inaccurate.