![]() Post News Group | JP Morgan Chase Loosens Grip of Payday Loans ABC News (blog) Payday loans are advances against direct deposit paychecks. Chase Bank will make it easier for customers to close accounts even when there are pending charges. Payday loans are very controversial, as they usually come with very high interest rates and ... Big Banks Offer Payday Loans At 300 Percent Interest: Study Bank payday loans need guidance, study finds Banned Payday Loans Aided by Banks |







