Elizabeth Warren actually said...

If the concern we have is about a product that is designed to ensnare people in repeat loans over time so that it is possible to extract from them 200 percent interest, then it seems to me that Ms. Smith is describing such a product from Wells Fargo.

Context

Warren critiques a banking product that traps customers in high-interest loans.

07/23/2013

https://www.congress.gov...

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