Posts Tagged “Federal Deposit Insurance Corp”

webmaster@technorati.com wrote an interesting post today on
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EDITORIAL: New lending law smart move for SCSouth Carolina NowPayday loans, as defined by the Federal Deposit Insurance Corp., the government agency that insures deposits in banks and credit unions, are small-dollar, …and more »

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News Sources wrote an interesting post today on
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Fewer than 5 percent of Iowa households — 57,000 — do not have a bank account, and nearly 17 percent — 206,000 — have a bank account but continue to use non-bank services such as payday loans, according to a study. The study released Wednesday by the Federal Deposit Insurance Corp. shows Iowa ranks slightly better [...]

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webmaster@technorati.com wrote an interesting post today on
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Nearly 180,000 households in San Diego County — or one-sixth of the total — rely on check-cashing services, payday loans, pawnshops or other “alternative financial services” to conduct their banking business, particularly in low-income and minority communities, according to a survey released yesterday by the Federal Deposit Insurance Corp.

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News Sources wrote an interesting post today on
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WASHINGTON (MarketWatch) – Roughly 9 million U.S. households have no checking or savings account while an additional 21 million households have checking accounts but use problematic alternative services such as payday loans or overdraft programs that provide quick cash but carry high fees or triple-digit interest rates, according to a Federal Deposit Insurance Corp. survey released Wednesday.

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News Sources wrote an interesting post today on
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The head of the Federal Deposit Insurance Corp. on Monday said Congress needs to provide regulators greater tools to control the risky financial behavior that helped trigger the recession and to unwind major firms on the verge of collapse.

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