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

Not-for-profit Pay Day 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 being a turnkey means to fix 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 an acceptable start-up charge, credit unions could have usage of comprehensive training, marketing support and advertising materials. Additionally included is tailor-made software given by CU*Answers.

“ GoodMoney prov >” sa > program that is.

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

“ it absolutely was a normal next thing to offer GoodMoney in order for credit unions often helps their neighborhood communities. Because of the economic crisis, we are able to expect you’ll see an uptick in payday advances. GoodMoney can prov >” said Ken Eiden, CEO of Prospera Credit Union.

“ GoodMoney follows our core values being a credit union and aligns with this philosophy of assisting people of modest means. Our objective is without question to simply help users escape your debt period numerous customers experience through a typical cash advance, ” said Sandra L. Zander, vice president of member solution for Superior preference Credit Union.

The timing is ripe for a quick payday loan alternative offered the present financial state and also the expenses of predatory payday financing.…