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November 25, 2020

New loan that is short-term at U.S. Bank draws scrutiny

Filed under: installment online loans — LIn Kvardo @ 10:59 am

U.S. Bank??™s brand new Simple Loan is perhaps perhaps not complicated, but its ramifications are. Simply 3 months following its introduction, the first-of-its-kind short-term financing item is attracting scrutiny from customer advocates and rivals.

Simple Loan gives millions of U.S. Bank clients who meet specific requirements access that is quick up to $1,000. Borrowers repay those loans in three installments that are monthly interest costs of $12 per $100 or $15 per $100. (weiterlesen …)

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