ALTERNATIVE TO A PAYDAY LOAN
Payday lender pays back with interest Las Vegas Business Press Assemblywoman Barbara Buckley hears the story all the time. It's the one about the payday lenders again -- an industry upon which she and her colleagues attempted to impose tighter restrictions during the last legislative session. Payday borrowers move into financial mainstream Honolulu Advertiser MILWAUKEE — It wasn't hard for Jim Schrimpf to spot a disturbing trend at Brewery Credit Union: Members were using payday lenders instead of the credit union for small, short-term loans. Who’s for Congress? Real Change News How do your would-be representatives feel about Washington’s unequal tax system? How would they create living-wage jobs and affordable health care? What would they do to make a college degree feasible to people from every economic class? Rentcash Announces First Quarter Results CNW Group via Yahoo! Finance Rentcash Inc. today announced first quarter results for the period ended September 30, 2006. Fast cash without payday loan woes Austin American-Statesman Financial institutions offer alternatives to high-interest lending. MILWAUKEE — It wasn't hard for Jim Schrimpf to spot a disturbing trend at Brewery Credit Union: Members were using payday lenders instead of the credit union for small, short-term loans. Credit union to offer cheaper alternative to payday loans The Arizona Republic MariSol Federal Credit Union has decided to offer 18 percent loans to compete with the 460 percent interest rates offered by payday loan stores. 'Latino' Credit Union to Open Doors in Santa Ana PR Newswire via Yahoo! Finance OC's First Latino-Focused Credit Union Will Offer Alterative to Check Short-term Good Intentions Richmond.com Some payday lenders are fighting their negative image with benevolence, but could pending legislation end payday lending in Va.? Credit unions find niches Wisconsin State Journal Through programs aimed at youth and immigrants, credit unions in Wisconsin are carving out a niche to serve groups that might not be highly targeted customers at other financial institutions. Pa. credit unions roll out friendlier payday loans phillyburbs.com HARRISBURG, Pa. - In an effort to provide an alternative to payday loans, Pennsylvania state officials and credit unions said Friday they have developed a short-term loan program with enough safeguards to keep borrowers out of mounting debt.
Checking: Savings deterrent to payday loans If payday loans are the only alternative, borrow only an amount that is affordable, enough that can be paid with the next paycheck and still have money left CUNA’S ALTERNATIVES TO PAYDAY LENDING TASK FORCE unions could offer as an alternative to. payday loans. • Credit unions need to do more to educate alternatives to the payday loan product. Credit MACED Employee Advantage Loan Program To address this problem MACED is developing a new loan product to be offered through regional businesses that provides an alternative to high cost payday Paycheck Poverty Since Ed Jacob, manager of the North Side Community Federal Credit Union, introduced the Payday Alternative Loan in April 2002, the credit union has made Alternatives to Payday Loans Payday loans can look like a good deal. But they aren’t. Here is what payday loans looks like, why you should avoid them, and some possible alternatives.
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