Attorneys general say the DoD's proposal doesn't go far enough and could even result in higher fees.
Request made for payday alternative loan exception under the Department of Defense’s proposed military lending rule.
Learn three ways experts say credit unions can help returning service members improve their financial lives.
Both set to meet after the mid-term election to discuss proposal that limits payday lending at credit unions.
A proposed regulation from the Department of Defense that would broaden the types of loans covered by the Military Lending Act could affect credit union lending.
The Pentagon's proposal is more restrictive than NCUA payday loan alternative rules. Credit cards and overdraft financing also affected.
GoBankingRates.com selected these institutions for their extra effort.
A month after the DoD urges Congress to strengthen the Military Lending Act, the $16.8B PenFed touts its payday equivalent.
Hanscom FCU will offer financial seminars, educational programming and a resource fair in celebration of Military Saves Week.
This Opinion piece looks at how human nature and technology can combine to increase or decrease data security at your credit union.