Banks Stepping into Payday Lenders’ Footwear? The re-entry of banking institutions to the small-dollar, short-term credit market is a victory for customers’ option.

Banks Stepping into Payday Lenders’ Footwear? The re-entry of banking institutions to the small-dollar, short-term credit market is a victory for customers’ option.

A present tale in United states Banker reported that at the very least three banking institutions are intending to introduce brand brand brand new small-dollar loans services and products following the customer Financial Protection Bureau’s payday lending guideline becomes effective. Leggi tutto “Banks Stepping into Payday Lenders’ Footwear? The re-entry of banking institutions to the small-dollar, short-term credit market is a victory for customers’ option.”