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Payday Loan Service

Not-for-profit Payday Loan Alternative Set to generally meet Consumers ’ Requirements

-Wisconsin-based credit union rolls out turnkey solution for credit unions nationwide-

APPLETON, Wis.–( COMPANY WIRE )–Prospera Credit Union, headquartered in Appleton, Wis., now provides its nationally recognized GoodMoney В® not-for-profit loan that is payday as a turnkey treatment for credit unions nationwide.

The GoodMoney pay day loan alternative is half the price of a typical loan that is payday. Up to now, two credit unions offer GoodMoney: Superior solution Credit Union, Superior Wis., and Delta County Credit Union, Escanaba, Mich.

For a fair fee that is start-up credit unions has use of comprehensive training, marketing support and advertising materials. Additionally included is personalized pc computer pc pc software supplied by CU*Answers.

Since its launch in 2005, Prospera ’ s GoodMoney has gotten > that is nationw s Herb Wegner Award and spurred numerous inquiries from credit unions in the united states.

“ it absolutely was an all natural step that is next provide GoodMoney to ensure credit unions might help their neighborhood communities. Because of the crisis that is financial we could expect you’ll see an uptick in pay day loans. GoodMoney can prov >” said Ken Eiden, CEO of Prospera Credit Union.

“ GoodMoney follows our core values as a credit union and aligns with this philosophy of assisting users of modest means. Our objective has been to assist people get out of your debt period numerous customers experience through a typical pay day loan, ” said Sandra L. Zander, vice president of member solution for Superior preference Credit Union.

The timing is ripe for a quick payday loan alternative because of the present financial state in addition to expenses of predatory lending that is payday. (más…)

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