Tag:
Direct Deposit Loans
Latest Headlines
Latest Headlines
More banks, credit unions enter payday loan market
The need for revenue drivers to offset the effect of Reg E changes and the Durbin Amendment has been acute the past year.
Big banks embrace more direct deposit loans
Banks face a cringing need to find ways to offset Durbin Amendment revenue losses, which markedly slashed interchange fees. Many have responded with discontinued free checking and rewards programs.
