#235: money App can offer an affordable and Humane option to costly Payday Lending, & More

#235: money App can offer an affordable and Humane option to costly Payday Lending, & More 1. Money App could possibly offer an inexpensive and Humane Alternative to costly Payday Lending Square’s money App apparently is testing a new financing item which will allow users to borrow between $20 and $200 bucks at a 5% …

Credit unions provide substitute for payday that is costly

Credit unions provide substitute for payday that is costly a couple of institutions that are local offer alternatives to pay day loans at a considerably less expensive. Central Illinois Credit Union, which includes places in Champaign and Urbana, is providing a “payday alternative loan’ to its users since 2005, whenever its president, Cheryl Merkel, saw …