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Federal regulators should enable financial institutions and credit unions to produce safe small installment loans

Federal regulators should enable financial institutions and credit unions to produce safe small installment loans

Pew urges bank that is federal credit union regulators to seize this possibility to permit finance organizations to provide affordable small installment loans that could save economically vulnerable families large sums of dollars each year. Our research reports have shown that the public highly supports this: The overwhelming nearly all of us citizens, and payday loan borrowers in particular, want banks and credit unions to produce small installment loans. Read More