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Financial Services on Aisle Nine: Wal-Mart Gives Banking institutions a Run with their cash

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Despite being pilloried because of people recently, a banker’s great deal can’t be all that bad. At the least, that’s exactly what Wal-Mart executives must certanly be thinking. On the previous 12 months, they’ve revealed one plan after another geared towards getting a more impressive share for the U.S. retail banking market, that could be great news for many and bad news for other people.

It were only available in August 2009 whenever Wal-Mart’s “Money Centers” started offering bill repayment services. Continue reading Financial Services on Aisle Nine: Wal-Mart Gives Banking institutions a Run with their cash

Need for high-interest payday advances soars in Minnesota. Loan information for Minnesota given by Minnesota Department of Commerce.

Minnesotans are looking at high-interest loans and other solutions outside of the main-stream bank system, controversial enterprises that run through a loophole to dodge state limitations.

This short article ended up being written and reported by Jeff Hargarten, Kevin Burbach, Calvin Swanson, Cali Owings and Shayna Chapel. The content ended up being monitored by MinnPost journalist Sharon Schmickle, stated in partnership with students in the University of Minnesota class of Journalism and Mass Communication, and it is the initial in a few periodic articles funded by a grant through the Northwest region Foundation. Continue reading Need for high-interest payday advances soars in Minnesota. Loan information for Minnesota given by Minnesota Department of Commerce.