At the risk of being redundant
March 31, 2010 | Tennessee, alternatives, customers, industry | Comments (0)Payday loan customers are banked! From this frustrating story:
Memphis Mayor A C Wharton Jr. gathered about two dozen bankers and finance professionals in his seventh-floor conference room at City Hall Wednesday to launch an ambitious financial literacy campaign.
Dubbed “Bank on Memphis,” its goal is to bring into the financial mainstream tens of thousands of Memphians whose paycheck-to-paycheck existence makes them more familiar with high-interest payday loans than no-fee checking accounts.
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