Federal regulators are moving to curb or eliminate high-interest, short-term lending that may ensnare consumers in a cycle of debt as they draw one loan to repay another.
Payday Loan Restrictions Said Considered by Three U.S. Agencies
Tags: Government, Lending and Credit
Millions Are Without Bank Accounts Due to Costs
About 8 percent of America’s 115 million households are carrying on their lives without a checking or savings account because of the high costs and fees charged by banks or because they simply don’t trust the nation’s financial system.
Tags: Banking, Consumer Behavior
What Bank Branch Closures Mean for Consumers
The traditional notion of banking, in which customers visit their local branch to deposit money, check their balance or take out a loan, may no longer be the reality.
Tags: Banking
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