jotsy
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Mon Apr-05-10 09:11 PM
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| Mainstream banks engaging in 'payday' lending practices? |
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The Center for Responsible Lending has issued a 14 page report on the list of new services and how the policies and products mirror the high interest yielding formulas used by 'storefront' lenders.
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| JPerz
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Mon Apr-05-10 09:18 PM
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All the more reason to Move Your Money. This exploitation is out of control...
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| tavalon
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Mon Apr-05-10 09:30 PM
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| 2. Wells Fargo is doing it |
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You can get a payday advance with just $2 charge per $20 received. That comes out to an obscene APR.
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| Odin2005
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Mon Apr-05-10 10:11 PM
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| 3. Call it what it is: LOAN-SHARKING!!! |
| jotsy
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Mon Apr-05-10 10:20 PM
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| 4. I used to joke about the banking industry putting the mafia out of business. |
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Is it the other way around? Either way, nothing to joke about now.
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DU
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Fri Apr 26th 2024, 04:56 PM
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