Craig Harris and Amritpal Kaur Sandhu-Longoria, USA TODAY – Boise Chronicle

Money

How 4 small Utah banks have taken their ‘predatory lending’ national. It’s all thanks to state law, critics say

December 21, 2022December 21, 2022Craig Harris and Amritpal Kaur Sandhu-Longoria, USA TODAYComments Off

Four small Utah banks export “predatory loans” across the country thanks to their state having no caps on interest rates, critics say.

Money

Consumer watchdogs raise alarms as more consumers rely on high-interest ‘rent-a-bank’ loans

October 5, 2022October 5, 2022Craig Harris and Amritpal Kaur Sandhu-Longoria, USA TODAYComments Off

‘Rent-a-bank,’ the new payday loan for consumers, is raising concerns because of triple-digit interest rates on financially strapped Americans.