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Ventra Prepaid Banking Partner Has Long Reputation For Legal Difficulty
Beyond the each and every day dilemmas plaguing the Ventra rollout lies a perhaps more fact that is troubling The banking partner chosen within the Ventra system appears to have a long track record of appropriate issues related to past involvement in prepaid debit schemes and also other tasks https://paydayloanexpert.net/payday-loans-nv/.
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. Several of those dilemmas are related to dilemmas such as for example fraudulence, taking part in deceptive company practices once you glance at the financing that is subprime as well as in addition straight connected to operating a prepaid debit card system just like Ventra.
A review that is brief legal history programs:
Too, simply precisely what oversight existed for the development regarding the Ventra that is whole system?
In case Chicago City Council chooses to be on and hold hearings over difficulties with the rollout about the Ventra system, as some aldermen might love to do, theres apt to be a whole a wide range of issues the council people can ask of officials they call to testify.
Heres another place that is great begin.
To some degree One of Ward Rooms series on feasible City Council hearings on Ventra issues, we looked on the reasons why CTA joined as being a partnership with personal organizations for Ventra. In role Two, we examined means Ventras banking partner might be profiting from fees.