Expensive Bank Payday Advances Criticized in Report

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  • blogicon1December 8, 2020

Expensive Bank Payday Advances 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, supply the latest glimpse in to the techniques that banks are aggressively utilizing to make brand brand...