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by nobody9999 225 days ago
>Citation? Who is giving unsecured pay day loans on unknown payday? If they did what would the interest be? 1000%?

I'm not a Federal employee and I don't know the details, but there's a banner on my bank's (Chase) website (after you log in) suggesting that they have mechanisms to assist those who aren't getting paid.

What those are, I have no idea. It may well be high interest loans or no interest loans. Or it may waive fees on overdrafts. Again, I don't know. But banks are taking note and communicating with their customers about it.

1 comments

I see. I imagine its good PR like that cafe giving free lunches in DC.