Banks freezing out payday lenders

bankFacing increasing pressure from federal regulators, banks are letting that pressure flow further downstream by in turn threatening to sever ties with payday loan providers.

Danielle Douglas takes a look at the payday lenders, the banks and the federal influence on this issue.

Free newsletter signup
I agree to have my personal information transfered to MailChimp ( more information )
Never miss another Bankless Times news story as we send you hand-picked articles every morning
We hate spam. Your email address will not be sold or shared with anyone else. You will only receive our daily newsletter. You can unsubscribe at any time.