I don’t know what to make of this story:
The Iowa based MetaBank has been ordered to no more make short-term payday or refund of tax loans to their customers with debit cards that are prepaid. Federal regulators or more specifically The Office of Thrift Supervision made this order as such activities were violating the general trade practice laws. Due to this order, MetaBank’s popular program which was named as iAdvance will be invalid hereafter. Meta Financial Group Inc is the holding company for MetaBank and it stated that they were informed about the decision on 6th October.
More tyranny.