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BREAKING VIDEO: Why Would A Bank Charge Private Prisons 3% Interest But Charge Regular People 267% Interest?

Taken from a National People Action press release, May 21, 2012:Wells Fargo borrows from the federal government at virtually 0 percent interest, lends it to private prison companies at interest rates as low as 3 percent, all while charging their own customers an average of 276 percent interest on their account-based payday loan product. Why???Wells…

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Sara Critchfield

https://youtube.com/watch?v=TYaJoErhF-g
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