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Well-respected bank offering Payday loans

 

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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"

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U.S. Bank's Checking Account Advance allows you to request an advance on your next direct deposit.

Key Features:

* 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.
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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.



Comments:

You are on page 216 of 217, other pages: 1 2 3 213 214 215 [216] 217
2019-10-17, 11:19:43
anonymous from Portugal  
rating
We are major/Direct providers of Fresh Cut BG, SBLC, POF, MTN, Bonds and CDs and this financial instruments are specifically for lease and sale.We are one of the leading Financial instrument providers with offices all over Europe. 
We are major/Direct providers of Fresh Cut BG, SBLC, POF, MTN, Bonds and CDs and this financial instruments are specifically for lease and sale.We are one of the leading Financial instrument providers with offices all over Europe. 
we always deliver on time and precision as Set forth in the agreement. You are at liberty to engage our leased facilities into trade programs, project financing, Credit line enhancement, Corporate Loans (Business Start-up Loans or Business Expansion Loans), Equipment Procurement Loans (Industrial Equipment, Air crafts, Ships, etc.) as well as other financial instruments issued from AAA Rated bank such as HSBC Bank Hong Kong, HSBC Bank London, Deutsche Bank AG Frankfurt, Barclays Bank , Standard Chartered Bank and others on lease at the lowest available rates depending on the face value of the instrument needed, Our Terms and Conditions are reasonable. 

DESCRIPTION OF INSTRUMENTS: 
1. Instrument: Bank Guarantee (BG)/SBLC (Appendix A) 
2. Total Face Value: 10M MIN to 50B MAX USD or Euro 
3. Issuing Bank: HSBC, Deutsche Bank Frankfurt, UBS or any Top 25 . 
4. Age: One Year, One Day 
5. Leasing Price: 4 1% 
6. Sale Price: 32 2% 
7. Delivery by SWIFT . 
8. Payment: MT103-23 
9. Hard Copy: Bonded Courier within 7 banking days 

We are ready to close leasing with any interested client in few banking days, if interested do not hesitate to contact me direct. 

Name:May Gary 
Email:algecoglobalfinanceplc@gmail.com 
Skype::algecoglobalfinanceplc    
 
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Well-respected bank offering Payday loans



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2019-10-19, 18:09:04
anonymous from United States  
rating
Finding a genuine provider of financial instrument is very challenging but we are certified Financial Instrument providers in United Kingdom. Presently, we only focus on BG/SBLC for Lease and Sale transactions. However, our Lease BG/SBLC is 6+2% and Sale at 40+2%.

Should you find this interesting and acceptable? Kindly, contact us and we shall review and respond with draft Contract/MOU within 48hrs maximum.

Please request for full procedure details if interested.

For further inquiry contact:Wright James
Skype:
wrightjames931@gmail.com
Emai:
wrightjames931@gmail.com
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The meaning of Runtime Error 217
The meaning of Runtime Error 217
The meaning of Runtime Error 217
Well-respected bank offering Payday loans
The meaning of Runtime Error 217
The meaning of Runtime Error 217
Well-respected bank offering Payday loans
Well-respected bank offering Payday loans



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You are on page 216 of 217, other pages: 1 2 3 213 214 215 [216] 217

 

 

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