Yes, payday loans are horrible, but research shows they meet a need.

‘The line between failure and success is so fine that we scarcely know when we pass it.’

‘The problems in St. Louis are bigger than any rivalry between banks and CUs.’

Many consumers are over-extended with payday loans.

CUNA cites need to address a number of issues, including ATM disclosures and HMDA triggers.

CUs aren’t waiting for the new Consumer Financial Protection Bureau to change how payday lenders operate. Instead, they’re offering financially distressed consumers affordable borrowing options.

I tend to get suspicious when the name of a trade association doesn't accurately describe who it represents.

NorthCountry FCU finds that reaching members of modest means requires moving beyond traditional lending methods.