Woodstock Institute - Study Recognizes Credit Unions and Matz for Supporting Payday Loan Alternatives

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Study Recognizes Credit Unions and Matz for Supporting Payday Loan Alternatives

A new study conducted by former U.S. Treasury Department Assistant Secretary Sheila Bair cites five credit unions as models of how to provide alternatives to payday loans. The report also recognizes NCUA Board Member Debbie Matz as "the one federal financial regulator who has been the most vocal supporter of depository institutions developing their own low-cost payday loan alternatives."

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