Taking on the Predators at TAB Bank

So-called bank innovator partners with predatory lenders charging 189% interest rates

Andy Spears

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Photo by Michael LaRosa on Unsplash

A coalition of consumer groups is calling on the Federal Deposit Insurance Corporation (FDIC) to take regulatory action against Utah-based TAB Bank for what the groups call “predatory” lending practices.

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Andy Spears

Writer and policy advocate living in Nashville, TN —Public Policy Ph.D. — writes on education policy, consumer affairs, and more . . .