PAL Loans From Credit Unions: The Real Alternative to a Payday Loan
PAL loans from credit unions cap APR at 28% and replace payday loans for most borrowers. See PAL I vs PAL II, eligibility, and the membership workaround.
By Derrick Washington
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Reporting, analysis, and plain-language explainers on payday loans, state rules, credit scores, and the lower-cost alternatives most borrowers never hear about.
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