Some banks turning to 'payday' type l...

Some banks turning to 'payday' type loans

There are 1 comment on the TwinCities.com story from Feb 26, 2010, titled Some banks turning to 'payday' type loans. In it, TwinCities.com reports that:

U.S. banks, threatened by new limitations on overdraft fees, may look to short-term products similar to "payday" loans to help replace as much as $20 billion in lost revenue.

Join the discussion below, or Read more at TwinCities.com.

BTA

Inver Grove Heights, MN

#1 Feb 28, 2010
Lost revenue? Not while the Fedis there to steal from the citizen to prop up the banks.

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