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Posted On December 3, 2020 In Investigation With 48 Views

FDIC, payday lenders agree to stay Choke aim lawsuit

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FDIC, payday lenders agree to stay Choke aim lawsuit

WASHINGTON — Payday loan providers have actually settled their lawsuit with two banking agencies over allegations that regulators improperly forced banks to end account relationships included in the Obama administration system referred to as procedure Choke aim.

The lawsuit by Advance America and money Advance Centers, Inc. (more…)

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