Dimon Pledges to improve JP Morgan’s Methods on Pay Day Loans

Dimon Pledges to improve JP Morgan’s Methods on Pay Day Loans

Jamie Dimon, the leader of JPMorgan Chase, vowed on Tuesday to alter the way the bank relates to Internet-based payday lenders that automatically withdraw payments from borrowers’ checking records.

At an investor meeting on Mr. Dimon called the training, that has been the main topic of a write-up within the nyc days on Sunday, “terrible. tuesday” He stated JPMorgan ended up being examining the issue and would make modifications.