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Wells Fargo, U.S. Bank drop payday loans - StarTribune.com
Wells Fargo & Co. and U.S. Bancorp are dropping their deposit advance products, payday-like loans with annual percentage rates over 200 percent, bowing to pressure Cash advance payday loan direct lenders
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Wells Fargo and Fifth Third are the latest, following Regions Financial this week, to discontinue “deposit advance loans,” which are tied to consumers Instant loan short term
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Direct-deposit loans, which are offered by banks including U.S. Bank, Wells Fargo and Regions Financial, enable bank depositors to borrow money against their next Small cash loans melbourne
The small victories are adding up in the battle against predatory loans this week. Wells Fargo and U.S. Bank announced they will discontinue high-risk Payday installment loan direct lender