Payday Lending and Title Loans. NCUA LETTER TO FEDERAL CREDIT UNIONS
Payday Lending and Title Loans. NCUA LETTER TO FEDERAL CREDIT UNIONS The criticisms connected with payday financing and name loans have obtained attention that is significant the news. The nationwide Credit Union management urges credit unions to understand the potential risks related to payday title and lending loan programs. Pay day loans (a.k.a. deferred advance