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A home loan from Wal-Mart?

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Judge for yourself... :) 

Wal-Mart Stores, underscoring its continuing push into financial services, has quietly renegotiated the terms of leases with a number of banks operating in its stores, giving Wal-Mart itself the explicit right to offer mortgages, home-equity lines of credit and consumer loans.

More on MSN: https://articles.moneycentral.msn.com/Banking/HomeFinancing/HomeLoanFromWalMart.aspx?wa=wsignin1.0

 

[UPDATE] Wal-Mart has now abandoned the pursuit of a banking charter in the United States, the company has been effectively blocked from moving into the full-service financial services market via either a thrift or industrial loan charter.

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