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U.S. Bank, among the country’s biggest banks, has once again started offering clients tiny, high-cost loans, saying the loans are in possession of safeguards to keep borrowers from getting into over their minds.
The loans, between $100 and $1,000, are designed to assist customers handle unanticipated costs, like a car or truck fix or a medical bill, stated Lynn Heitman, executive vice president of U.S. Read More …