traditional banks

Credit unions enter the payday loan business

Many credit unions are now offering short term, high interest loans similar to payday loans, and the practice is getting mixed reactions.

Friday, June 3rd, 2011 by

By Ron Ford

Study of Overdraft Fees and Protection Cries Out for Reform

Reform of bank and credit union overdraft protection practices is on the mind of Congress today. Payday loans would've made the trip unnecessary. Read why here.

Have you had it up to here with your bank's overdraft protection schemes? You aren't alone, according to the Center for Responsible Lending. (Photo: flickr.com)

Thursday, November 12th, 2009 by

By Steve Tarlow

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Credit unions enter the payday loan business

Study of Overdraft Fees and Protection Cries Out for Reform

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