You’ve Got a PAL in Me
Payday lenders have a storied history of taking advantage of the most financially vulnerable in our communities. CUSO Magazine’s Esteban Camargo looks into what credit unions can offer to provide a better option: Payday Alternative Loans.
NCUA Extends Temporary Interest Rate Ceiling for Federal Credit Unions
The NCUA board voted in July to extend the 18 percent interest rate ceiling through May 2026. CUSO Magazine’s Esteban Camargo reports.
As Credit Card Debt Hits New High, PALs Reassert Their Value for Credit Union Members
QCash’s Seth Brickman discusses how NCUA’s Payday Alternative Loan program can be a boon to members who might otherwise rely on more predatory lending options or the credit cards in their wallets.
