U.S. Bank recently introduced a brand new small-dollar loan item. Because of the bank’s own description, it is a product that is high-cost .
High-cost loans by banking institutions provide a mirage of respectability. An element of the impression may be the idea that is misguided restricting payment size to 5% of revenues means the mortgage is affordable for some borrowers. 继续阅读High-cost loans from banks a action into the wrong way. High-cost loans by banks provide a mirage of respectability.