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Bank of Oklahoma is discontinuing FastLoan, a type of "deposit advance loan" that carries a high interest rate, now that federal regulators have imposed stricter rules. BOK joins a list of other banks ...

Regulators are warning some of the nation's largest banks to stop offering loans that are hard to distinguish from those given out by storefront... Regulators Warn Banks On Direct-Deposit Loans ...

DALLAS, June 30, 2025 (GLOBE NEWSWIRE) -- Viva Payday Loans is making borrowing easier in 2025 by expanding its installment loans online offerings, tailored especially for bad credit borrowers.

"[The loan] is designed to help customers get through an emergency situation – medical, car repairs, etc. – by providing short term credit quickly," said Peggy Gunn, who directs corporate ...

Regions Financial Corp. on Wednesday became the first large bank to discontinue a short-term, high-interest loan product that consumer groups say traps Americans in a cycle of debt. The decision ...

For veterans receiving disability compensation through the U.S. Department of Veterans Affairs (VA), a key benefit lies with ...

Consumer advocates call them "debt" traps. The banks that offer them call them direct-deposit advances and describe them as available funds for short-term emergencies. But the cash advances have many ...