You are here

US banks stop selling account data to payday lenders

Friday, January 23, 2015 - 05:50

New York

US BANKS are cutting off payday lenders' access to a database of account information used to evaluate potential borrowers as regulators seek to rein in abusive practices.

About half the people with bank accounts in the US are tracked by Early Warning Services, owned by

Powered by GET.comGetCom