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Let me make it clear about cash advance lawsuit settlement

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FDIC, payday loan providers agree to stay Operation Choke aim suit

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FDIC, payday loan providers agree to stay procedure Choke Point suit

  • Author Dave Guilas
  • Theme Banking

Three lenders that are payday the Federal Deposit Insurance Corp. decided to settle case linked to procedure Choke aim, a national government system made to stress banking institutions to avoid serving companies taking part in illegal task or fraud that some criticized as regulatory overreach.