Credit unions are often seen as a kinder lender because they are member owned nonprofits. But now some of credit unions are branching into a controversial lending practice: payday loans. Consumer advocate Linda Hilton explains her fight against them in Utah.
Describes the high – and too often unrecognized – cost of borrowing from “payday lenders” and other loan sharks.
Tags: Consumer advocate Linda Hilton, Credit, Credit unions <BR/>
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