NCUA Steps Up for Consumers, Upgrades Limits on Credit Unions’ Small Dollar Loan (PAL II) Rules
What a drama it’s been for small dollar lending (SDL) these last 40 years. From the late 1970s through the 1980s, a series of federal law developments resulting in banking deregulation gave rise to the predatory payday lending storefronts of the early 1990s through this 21st century. Predatory lending certainly took advantage in the early […]
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