SUITLAND, Md. — The $808 million Andrews Federal Credit Unionhas begun offering its members an alternative payday loanprogram.

The credit union began offering its “Cash to Go” to its membersin October 2007. The CU described the product as a “lower costalternative to those who rely on payday loan sorts of products themeet their cash needs” and added that the product's goal was not tomake money.

The product does not have any fees and does not require asavings or checking account, although the members are required tohave direct deposit with the CU or the member to show three paystubs as proof of employment.

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