payday lending products

CFPB’s Payday Lending Criticism Includes Banks, Credit Unions

By Heather Anderson | April 24, 2013

Bureau report takes on deposit advance loans but stops short of promising new rules.
Compliance: Payday Lending Enters a New Frontier

By Heather Anderson | May 29, 2012

Jamie Fulmer, vice president of public affairs for payday lender Advance America, says he welcomes the opportunity to work with the Consumer Financial Protection Bureau, because consistent disclosures would allow his product to be measured by the same metrics as competing short-term credit union loans.
Pennsylvania Treasurer Touts CU Short-Term Loans

By Michelle A. Samaad | April 27, 2011

A credit union payday loan alternative program that has reportedly saved members $15 million wins plaudits from Keystone treasurer.
Payday Loans Offered by CUs Earn Treasurer’s Praise

By Michelle A. Samaad | April 15, 2011

Pennsylvania's state treasurer visited a Wilkes-Barre credit union Tuesday to sing the praises of a payday lending alternative.