The oft-maligned payday lending industry may be about to get a makeover.
Of any checking account feature, customers rated debit cards as the most essential. A whopping 60 percent said they couldn’t image living without a debit card.
A new survey shows that more Americans are enjoying their day-to-day experience with their checking accounts. Why are some turning to alternative banking products?
The agencies allege two groups used phony payday loans to access consumer bank accounts.
Agency says ACE Cash Express pressured borrowers into taking out loans they couldn’t afford.
Some consumers end up paying more in fees than the amount of money initially borrowed.
Lending company allows clients to take out loans with most anything of value held as collateral.
Four major U.S. banks exit deposit advance business, but might not be gone for long.
Amid increased scrutiny of deposit advances, Regions Bank says it will discontinue Ready Advance.
Issues with closing or managing a bank account made up the bulk of complaints.