The NCUA Doubles Amount Credit Unions Can Provide for Payday Alternative Loans

The NCUA Doubles Amount Credit Unions Can Provide for Payday Alternative Loans The National Credit Union Administration (NCUA) voted 2-1 to approve the final rule related to expanding payday alternative loan options (PAL II) at the September open meeting. Even though the NCUA clarified within the rule that is final the PAL II will not change the PAL we, the flexibility associated with the PAL II will...

December 6th, 2020 by -