Money Consumer watchdogs raise alarms as more consumers rely on high-interest ‘rent-a-bank’ loans October 5, 2022October 5, 2022 Craig Harris and Amritpal Kaur Sandhu-Longoria, USA TODAY Comments Off on Consumer watchdogs raise alarms as more consumers rely on high-interest ‘rent-a-bank’ loans 'Rent-a-bank,' the new payday loan for consumers, is raising concerns because of triple-digit interest rates on financially strapped Americans.