Banking institutions to payday lenders: stop the company or we’ll close your bank account
Banking institutions to payday lenders: stop the company or we’ll close your bank account Al LePage happens to be issuing payday advances away from a residential district Minneapolis storefront for many for the previous decade. But on Valentine’s Day, a Water Water Wells Fargo banker called and gave him thirty days to stop and desist — or danger losing their banking account. LePage is a component of the revolution of payday loan providers who state these are generally being persecuted by...