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Without a doubt about Costly Bank Payday Loans Criticized in Report

Without a doubt about Costly Bank Payday Loans Criticized in Report

A number of the nation’s largest banks continue steadily to provide pay day loans, pitched as advances on direct-deposit paychecks, despite growing regulatory scrutiny and mounting critique in regards to the short-term, high-cost loans.

The findings, outlined in a study because of the Center for Responsible Lending become released on Thursday, offer the latest glimpse to the techniques that banking institutions are aggressively utilizing to make brand new income. (više…)

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