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Wells Fargo Called Out For Continuing To Supply Payday Advances

Wells Fargo Called Out For Continuing To Supply Payday Advances

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Wells Fargo Called Out For Continuing To Provide Pay Day Loans

Wells Fargo’s “not a payday” loan

In the middle regarding the matter are Wells Fargo’s “Direct Deposit Advance” loans, that offer clients with particular checking reports during the bank as much as $500 in a high-interest loan prior to the clients’ next direct deposit.

The loans have already been extremely criticized.