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U.S. Bank, one of the country’s biggest banks, has once again started offering clients little, high-cost loans, saying the loans currently have safeguards to hold borrowers from getting back in over their minds.
The loans, between $100 and $1,000, are supposed to assist customers cope with unanticipated costs, like a vehicle fix or a medical bill, stated Lynn Heitman, executive vice president of U.S. Continue reading An alternate to Pay Day Loans, but It’s Still High Price