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New York City taxis in traffic. New York City taxis in traffic. (Source: Curioso/Shutterstock)

The private equity firm that purchased thousands of taxi medallion loans from the NCUA said it is helping beleaguered cab drivers who are having trouble repaying their loans, but a union representing drivers said much more help is needed.

“Lenders have to get much more reasonable,” Bhairavi Desai, executive director of the New York Taxi Workers Alliance, told CU Times.

David Baumann


Credit Union Times

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