The High Cost of Small-dollar Loans: Providing the Alternative
Americans currently spend more than $30 billion annually with non-bank, small-dollar lenders. How can credit unions serve as a consumer-friendly alternative to payday lending? Inside this white paper:
- Understanding who uses payday loans
- How predatory lending affects consumers
- How credit unions can play a beneficial role
- Understanding who uses payday loans
- How predatory lending affects consumers
- How credit unions can play a beneficial role
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