Wells Fargo To End Direct Advance Loans; Others FollowMani
Wells Fargo & Co (NYSE:WFC), the largest U.S. home lender, plans to stop offering advance loans to direct deposit customers.
U.S. Bank too is stopping the payday-loan-like product that invited warnings from regulators.
OCC’s concern for Wells Fargo and others
Wells Fargo & Co (NYSE:WFC) will cease offering advance loans to . . .
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