Category Archives: FDIC

FDIC Pilot Program Explores Alternatives to Payday Loans

“Banking industry experts are calling it a significant first step in an attempt to find a less-predatory way to provide short-term credit.” I think this is great. The big problem is the huge credit gap in our capital markets. There is 36% and 391%. I think the banks will learn that operting under 36% without […]

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