Saturday, February 5, 2022

NPR News: Consumer groups want the FDIC to ban rent-a-bank loans with rates that can top 100%

Consumer groups want the FDIC to ban rent-a-bank loans with rates that can top 100%
With the Trump-era head of the FDIC stepping down, consumer protection groups see an opportunity to put an end to "rent-a-bank" loans with sky-high interest rates.

Read more on NPR #njsmallbusinessdepot #entrepreneur #smallbusiness

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