Wells Fargo, US Bank to end deposit advance loans, citing tougher regulation
The big banks are the latest, following Regions Financial Corp. this week, to discontinue “deposit advance loans,” which are tied to consumers' paychecks, government benefits or other income directly deposited into their bank accounts. A number of ...
Wells Fargo, U.S. Bank drop payday loans
Major Banks Eliminate Short-Term Loans Amid Regulatory Scrutiny
Wells Fargo to stop short-term cash-advance loans