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Bank of Oklahoma exits market for short-term, high-interest loans – Washington Post

loans - Google News Jan 23rd, 2014 Loans.



Bank of Oklahoma exits market for short-term, high-interest loans
Washington Post
The move has consumer advocates cheering the demise of a product they say carried the same triple-digit interest rates and balloon payments as payday loans. Industry groups, however, have decried regulators for forcing banks out of a market that could ...

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