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Consumer groups want the FDIC to ban rent-a-bank loans with rates that can top 100%

With the Trump-era head of the FDIC stepping down, consumer protection groups see an opportunity to put an end to "rent-a-bank" loans with sky-high interest rates.

United statesSarah ahmedLauren saundersJelena mcwilliamsFirst electronic bankNational consumer law centerDeposit insurance corpCapital good fundPersonify financialNational consumer lawFederal deposit insurance corpFirst electronicElectronic bank

Consumer groups want the FDIC to ban rent-a-bank loans with rates that can top 100%

With the Trump-era head of the FDIC stepping down, consumer protection groups see an opportunity to put an end to "rent-a-bank" loans with sky-high interest rates.

United statesSarah ahmedLauren saundersJelena mcwilliamsFirst electronic bankNational consumer law centerDeposit insurance corpCapital good fundPersonify financialNational consumer lawFederal deposit insurance corpFirst electronicElectronic bank

Consumer groups want the FDIC to ban rent-a-bank loans with rates that can top 100%

With the Trump-era head of the FDIC stepping down, consumer protection groups see an opportunity to put an end to "rent-a-bank" loans with sky-high interest rates.

United statesSarah ahmedGraeme sloan sipaLauren saundersJelena mcwilliamsFirst electronic bankNational consumer law centerDeposit insurance corpCapital good fundFederal deposit insuranceSipa united statesPersonify financialNational consumer lawFederal deposit insurance corpFirst electronicElectronic bank

Consumer groups want the FDIC to ban rent-a-bank loans with rates that can top 100%

With the Trump-era head of the FDIC stepping down, consumer protection groups see an opportunity to put an end to "rent-a-bank" loans with sky-high interest rates.

United statesSarah ahmedLauren saundersJelena mcwilliamsFirst electronic bankNational consumer law centerDeposit insurance corpCapital good fundPersonify financialNational consumer lawFederal deposit insurance corpFirst electronicElectronic bank

Consumer groups want the FDIC to ban rent-a-bank loans with rates that can top 100%

With the Trump-era head of the FDIC stepping down, consumer protection groups see an opportunity to put an end to "rent-a-bank" loans with sky-high interest rates.

United statesSarah ahmedLauren saundersJelena mcwilliamsFirst electronic bankNational consumer law centerDeposit insurance corpCapital good fundPersonify financialNational consumer lawFederal deposit insurance corpFirst electronicElectronic bank

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