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Costly Bank Payday Advances Criticized in Report

Costly Bank Payday Advances Criticized in Report A few of the nation–≤–ā‚ĄĘs 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 written report because of the Center for Responsible Lending become released on Thursday, give yo ...

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