 eCreditDaily.com | Editorial: Rein in legalized loan sharking Tampabay.com Payday loans are short-term loans with triple-digit interest rates made to cash-strapped borrowers regardless of their ability to repay. It's a debt trap now practiced by a handful of big banks, including Wells Fargo Bank, U.S. Bank, Regions Bank, Bank ... Bank Payday Loans: 300% APR, Overdraft Fees and 'Cycle of Debt' |
