Your article “PSECU Member Objects to 10-Year Auto Loan, Calling It Predatory,” (CU Times, July 23) brought up several troubling aspects related to this credit union’s product offerings, member relations and public relations function. PSECU member Oren Spiegler has a very valid point in contending that the product is designed to provide vehicles to those who cannot afford them. If it takes a member 10 years to pay off a $44,000 auto loan, what does that say about a member’s income?

I found the justifications provided by PSECU’s Lending Vice President William Zysk disingenuous and reminiscent of the response one would expect from a banker. Delinquency rates, industry loan trends and the current consumer move away from sport utility vehicles and trucks are not the issues here. Being responsible and responsive to your members’ concerns should be paramount for any credit union.

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