Wells Fargo, U.S. Bank drop pay day loans
Wells Fargo, U.S. Bank drop pay day loans Wells Fargo & Co. and U.S. Bancorp are dropping their deposit advance items, payday-like loans with yearly portion prices over 200 percent, bowing to stress from bank regulators and critique from customer advocates that the loans are a definite financial obligation trap. The 2 banking institutions are […]