Bank deposit improvements are payday advances in disguise

Bank deposit improvements are payday advances in disguise

In a recently available op-ed, customer Bankers Association President Richard search asserts that bank payday advances had been solution to customers and argues which they should really be restarted. The reality, though, show that while these loans produced huge costs for banking institutions, these were an usurious financial obligation trap for bank clients. Continue reading “Bank deposit improvements are payday advances in disguise”