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PayDay Lending Foe Takes On Overdraft Loans Caused by Debit Cards; Consumers Should be Warned

The Center for Responsible Lending, an affiliate of the $262 million Self Help Credit Union, has issued a report that charges banks and credit unions are hurting consumers with costly overdraft loans tied to debit card transactions.

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WASHINGTON — The Center for Responsible Lending, an affiliate of the $262 million Self Help Credit Union, has issued a report that charges banks and credit unions are hurting consumers with costly overdraft loans tied to debit card transactions.

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