Community groups are uniting to protest Regions Financial's short-term loan program, calling on the Birmingham, Ala., company to ditch its "Ready Advance" product.

Demonstrations against the Ready Advance product are set to take place Wednesday in Regions offices in Decatur, Ill., Urbandale, Iowa, and Columbia, Mo., according to a press release from grassroots organization network National People's Action. The group said it had collected 12,000 signatures urging Regions to drop the product, which it likens to payday loans.

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