A coalition of consumer and community groups is urging regulators to crack down on a Florida bank that is issuing prepaid cards for payday lender CheckSmart.

In a letter to the Office of the Comptroller of the Currency, more than two dozen organizations asked that the regulator stop Urban Trust Bank of Lake Mary, Fla., from issuing prepaid cards sold by CheckSmart in Arizona, Ohio and other states where the company cannot make loans directly to consumers, the National Consumer Law Center said Thursday. CheckSmart has been using the prepaid cards to make loans at higher interest rates than laws allow, the consumer group said.

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