Federation Comments on Payday Alternative Loans

Federation Comments on Payday Alternative Loans, Proposed Rule, 12 CFR Part 701, RIN 3133-AE84

The Federation opposes NCUA’s proposed Payday Alternative Loans II rule and questions elaborated for a future PALs III rule, as these proposals would not expand credit opportunities to members and would blur the line between credit unions and predatory lenders. View the comment letter below or click here to download.


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