Bank Payday Lending Basics webinar, Center for Responsible Lending Video Clips. Duration : 48.78 Mins.
The Center for Responsible Lending is concerned that at least four big banks are making predatory payday loans to their customers based on their direct deposit checking accounts. These 400% annual interest loans are known to trap borrowers in a high-cost cycle of debt when they were looking only for short-term relief.
Keywords: Bank Payday Lending Basics, 400%, payday lending, debt trap, cycle of debt, Wells Fargo, US Bank, Fifth Third Bank, Regions Bank
Australian Economic Future - Part 5/5 - Thoughts on our pay day lending Video Clips. Duration : 3.03 Mins.
Part 5 of 5 continued interview with finance veteran John Swanepoel on the Australian economic future. John is asked his own personal opinion on Payday loans - good or bad? HAVE you got a QUESTION for John? Ask in the comments section below! Watch the whole interview playlist: www.youtube.com Visit us online: www.teleloans.com.au Like us on Facebook www.facebook.com Follow us on Twitter: www.twitter.com Note: This video and it's content are for informational and educational purposes only. Before acting on this information, you should consider it's appropriateness having regard to your own objectives, financial situation and needs. Music: "Black Rainbow" by Pitx (feat. ERH, acclivity) ccmixter.org is licensed under a Creative Commons license: creativecommons.org