Dimon Pledges to improve JPMorgan’s Methods on Pay Day Loans

Dimon Pledges to improve JPMorgan’s Methods on Pay Day Loans

Jamie Dimon, the executive that is chief of Chase, vowed on Tuesday to improve the way the bank addresses Internet-based payday lenders that automatically withdraw re re re re payments from borrowers’ checking reports.

At an investor conference on Tuesday, Mr. Dimon called the training, that has been the main topic of a write-up when you look at the ny occasions on Sunday, “terrible.” He stated JPMorgan had been examining the problem and would make modifications. Читать далее «Dimon Pledges to improve JPMorgan’s Methods on Pay Day Loans»