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Durbin, Merkley, Colleagues Urge SBA and Treasury to Reject Payday Lenders from Paycheck Protection system WASHINGTON – U.S. Senators Dick Durbin (D-IL) and Jeff Merkley (D-OR), along with Senators Jack Reed (D-RI), Chris Van Hollen (D-MD), Sherrod Brown (D-OH), and Elizabeth Warren (D-MA), urged the small company management (SBA) and Treasury Department to reject needs… » read more

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Let me make it clear about areas Bank to end ‘deposit advance’ loans Areas Financial Corp. on Wednesday became the initial big bank to discontinue a short-term, high-interest loan product which customer groups state traps Americans in a period of debt. Your decision comes amid regulatory scrutiny of “deposit advance loans,” which are linked with… » read more

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