NerdWallet: ‘The biggest threat to payday lenders’: A growing list of big banks offer small-dollar loans

Concerned serious wife sad about family problem, thinking about relationships ending, husband sitting behind being ignorant and indifferent. Concept of spouse break up, unsuccessful marriage, quarrel

Big banks increasingly offer small loans—of $250 or $500—with minimal fees, and they can be a cheaper alternative to consumers who depend on payday loans.

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