The National Consumer Law Center and Cities for Financial Empowerment Fund released a report Monday that charged consumer reporting agencies such as ChexSystems and Early Warning Services with helping prevent millions of Americans from entering the banking system.
In the report, the National Consumer Law Center led an attack on what it claimed involves some credit unions' use of payday lending.
Is it time for credit unions to rethink the screening process for new checking applicants?Continue Reading for Free
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