Outcomes Won’t Match Intentions: The NCUA Needs to Keep It Simple With Payday Alternative Loans (PALs).
The third agenda item for the NCUA’s May Board Meeting is a “Notice of Proposed Rulemaking, Part 701, Payday Alternative
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The Importance of Promoting Financial Health and Employee Wellness.
Many credit unions are responsible for the financial health and employee wellness of two employee groups: their own employees and
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How Do the New CFPB Regulations Impact the QCash Financial Platform and Credit Unions?
What are the new CFPB regulations for small dollar loans and payday lending for credit unions? In late 2017, the
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How Do I Update My Payday Loan Truth in Lending Disclosures?
A question I often receive from credit unions involves regulatory concerns in operating payday loan truth in lending requirements. Credit
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Will My Credit Union Maintain CFPB Compliance with the QCash Short-Term, Small Dollar Lending Platform?
If you are a Credit union interested in the QCash, short-term, small-dollar lending program, and want to make sure that
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What is a Small Dollar Loan?
If you think credit unions and banks should only make large dollar loans because small dollar loans are too inefficient
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What are the Benefits of Credit Union Payday Lending?
People sometimes ask me, “Why did you get into payday lending?” In fact, I’ve had people ask me why I
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If Payday Lenders Disappear, Will Americans Survive?
According to a recent survey conducted by CareerBuilder, eight out of 10 Americans live paycheck to paycheck. They are not
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Payday Loans Good or Bad for Borrowers?
One of the most common questions we hear from credit union and bank executives is “Are payday loans good or
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How QCash Made CFPB Lending Regulations Credit Union Friendly.
If you work for a financial institution and have concerns about both the public perceptions of payday lending and the
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