Can credit unions provide pay day loan options which are viable and affordable?
Can credit unions provide pay day loan options which are viable and affordable? Our evaluation that is long-awaited of Mutual Credit Union’s pay day loan scheme happens to be posted today. The report shows that do not only does affordable short-term borrowing via a credit union have actually the possibility to be an ideal way of diverting borrowers far from high price loan providers and give borrowers welcome freedom on how to repay but additionally implies that despite having the...