Helping Big Banks Help Themselves...To Your Money!

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Uploaded by on Feb 13, 2011

http://showdowninamerica.org/payday-action

We see it all over America: one part of town has bank branches and another part of town has payday lenders gouging its customers at a triple digit interest rates.

To make matters worse, big banks like Bank of America borrow money from the Fed at less than 1% interest, then lend that to payday lenders at 3%, who then turn around and lend money in our communities at 400% or more.

We need to get Bank of America to stop financing payday lending, and instead support alternative small lending programs.

National People's Action and The New Bottom Line have been working to stop payday lending and other predatory financial services that target struggling communities and people of color.

TAKE ACTION against these predatory payday lenders and the big banks who finance them!

http://showdowninamerica.org/payday-action

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Top Comments

  • Holy the banks are the biggest scum bags on the planet. We don't need these scum.

  • How can people not see this??? Wake up world.

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All Comments (6)

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  • Take all your money out of banks, and put it in a credit union, or invest in fast return investments!!

  • neither a borrower nor a lender be.

  • Watch - watch?v=jvH4YlpCGSo&feature=mf­u_in_order&list=UL

    Or search for "Banksters, Busts and History - The Facts Driving the Financial Crises"

  • So hot! This is amazing.

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