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13
Feb

The affiliation of payday loan providers with nationwide banking institutions could be the industry’s choice of preference, but federal bank regulators are actively discouraging the training.

The affiliation of payday loan providers with nationwide banking institutions could be the industry’s choice of preference, but federal bank regulators are actively discouraging the training. Banking institutions had been especially warned about participating in payday financing through 3rd events in a Nov. 27, 2000, advisory page from Julie L. Williams, very first senior deputy comptroller and main counsel regarding the U.S. Treasury Department’s workplace for the Comptroller of Currency.…

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