Prescriptive limitations on bank-offered deposit advance items will induce less competition.
Prescriptive limitations on bank-offered deposit advance items will induce less competition. Customer need is obvious: Bank clients consistently sign up high satisfaction prices for deposit advance items. At an industry hearing held by the CFPB on 19, 2012 in january Birmingham, Alabama, Director Richard Cordray remarked, “I would like to be clear about the one … [Read more…]