Californians who received payday loans from Check ‘n Go are now eligible for refunds ranging from $20 to $4675. More here: http://www.caloanrefund.org/
Four of the nation’s largest banks — Wells Fargo, Fifth Third Bank, U.S. Bank and Regions Bank — are involved in high-interest, short-term loans that may not always be called “payday” loans but might as well be. Thus, a group of five U.S. senators have asked regulators to put a stop to the practice altogether.
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