Are credit unions really the answer to payday lenders?

A News.Coop article on payday lenders and some of the potential issues with credit unions increasingly tackling this difficult issue. Though only looking at the UK, these lessons apply elsewhere. Ultimately, though filled with hurdles, this presents a sizable opportunity for credit unions to increase market share like we saw with Self-Helf in North Carolina with their hybrid branch model.

 

[advanced_iframe securitykey=”e7e8a2819674b148bb1bae63f9264a7c93a8ce95″ src=”http://www.thenews.coop/87364/news/general/are-credit-unions-really-the-answer-to-payday-lenders/” width=”100%” height=”1200″]

Log in with your credentials

Forgot your details?