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Some major banking institutions will not provide advances that are payday-like

Some major banking institutions will not provide advances that are payday-like A Wells Fargo bank in Woodbury, Minn. (Picture: Karen Bleier, AFP/Getty Pictures) The high-cost, quick-fix deposit advance loans made available from some banking institutions will undoubtedly be discontinued in 2014 after customer advocates dubbed these products as financial obligation traps.

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