JPMorgan moves to protect customers from online payday lenders

03/20/2013 | New York Times (tiered subscription model), The

JPMorgan Chase will give its customers more power to stop withdrawals from online payday lenders or even completely close the accounts. The bank says it will also curb the fees that customers pay if the withdrawals trigger penalties for returned payments or insufficient funds. The changes will take effect in May.

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New York Times (tiered subscription model), The

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