Bloomberg News
More affordable, small-dollar loans "would be treated and looked at totally differently" than deposit advance products, the OCC's Curry said.

Banks: Deposit Advance Guidelines Will Help Payday Lenders, Hurt Consumers

Industry representatives say the Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency's guidance puts the future of deposit advance in doubt, while regulators say they are simply urging better underwriting and risk management.

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