3568 comments. Current rating: (583 votes). Leave comments and/ or rate it.
A so far well-respected bank - 'US Bank' offers payday loans now. I could not believe it!
This morning I logged in to verify some checks had cleared and I saw a new symbol saying "Request Checking Account Advance"
U.S. Bank's Checking Account Advance allows you to request an advance on your next direct deposit.
* Advance cash immediately into your checking account.
* Payoff of advance and finance charge is automatic. Payments will be deducted from your checking account with your next direct desposit(s) of $100 or more, or, if not fully paid, on the final payment date, which is the 35th day after your advance.1
* Finance charge is $1 for every $10 advanced (120% APR).
* Advance between $20 and your limit. If your checking account is overdrawn, you must advance enough to bring your account to a $0 balance.
Below a screenshot as 'proof'.
At least they put the APR in there, in bold letters. It is probably required by law in California. The red arrow was added by me.
What are your comments? Are they trying to ruin people?
A few weeks ago, I noticed a banner saying "Equity Line - Why not?", luring people into spending the equity that they have in their homes. I guess payday loans are the logical consequence. What will come after that?
My opinion is: this bank is going too far to make profits. Everyone knows that these payday loans are a big trap and nothing good will ever come out from it. What makes me mad is that I closed my credit union's accounts 2 months ago and switched over to US bank. They have a local branch with good opening hours, plus a good HELOC (Home Equity Line of Credit) at prime - 1.01%, that's why I went with them.
General updates: The criteria was to have a spouse. Summary: I found out my wife was cheating on me through the help of LEGAL247RECOVERY C O M. Back to my short story: I wanted to apply for a job and it needed me to be legally bound to someone which I wasn't as at that time. So, in the bid to find love and a good woman, I met my wife. She was all sweet and lovely. Never did I realize she had someone outside our marriage. After a while, her attitude changed towards me and I wasn't so comfortable with how I felt. To clear my doubts, I went hunting for professionals to help me monitor her. Eventually, I hired LEGAL247RECOVERY team to help me catch my wife or rather clear my feelings. They didn't disappoint me because we caught her in bed with another man after monitoring her for 7 days. My sad story but I feel better now. I am still in shock and don't know what to do
General updates: I am so grateful to LEGAL247RECOVERY C O M. They have really helped me investigate my cheating spouse. I had suspicions earlier but without proof, then, I stumbled on a review about LEGAL247RECOVERY providing investigation services to catch cheating partners. I didn't hesitate not for a second. They actually assisted with putting a proof out when I was able to view my husband's messages and calls in realtime without his knowledge. This is a sleek technology and it makes me so excited to have caught him. Protecting your peace matters more. Okay? Find help and stop being silent
email@example.com from United States
We have a direct genuine provider for BG/SBLC specifically for lease, at leasing price of 4+2 of face value, Issuance by HSBC London/Hong Kong or any other AA rated Bank in Europe, Middle East or USA.
Contact : Mr. DARREN C CHENG
skype : firstname.lastname@example.org
Intermediaries/Consultants/Brokers are welcome to bring their clients and are 100% protected. In complete confidence, we will work together for the benefits of all parties involved.
All inquires to Mr. Darren should include the following minimum information so I can quickly address your needs:
Complete contact information:
What exactly do you need?
How long do you need it for?
Are you a principal borrower or a broker?
Contact me for more details.
anonymous from Italy
Are you having one or two difficulties from other financial instrument lender? I want you to take a chance with us you will never regret doing business deal with our firm.We have direct and efficient providers.
I am the sole (Direct) mandate to several genuine efficient providers for lease/sales BG/ SBLC and other financial instruments, at reasonable prices, Issuance by top AAA rated Bank in Europe.Presently, we focus on BG/SBLC for Lease and Sale transactions, However, our Lease BG/SBLC/MTN is 6+2% and Sale at 32%+2%.
Should you find this interesting and acceptable? Kindly, contact us and we shall review and respond with DOA.
Please request for full procedure details if interested.(WE MOVE FIRST)
For further inquiry contact:
Contact us for further detail:
Contact us for your bank instruments such as SBLC/BG