The difficulty: way too many payday loan providers with too little alternatives that are consumer-friendly. The perfect solution is: charter a credit union that is new.
вЂњWe had an elevated awareness to the truth that we had few finance institutions in these communities [in Kansas City, Mo.],вЂќ Ajamu Webster stated. вЂњBut you might put a stone and hit a payday-lending check casher.вЂќ
That is where WeDevelopment Federal Credit Union is looking to are available in, if it could finally get its charter application authorized. Continue reading brand New credit union aims to reverse Kansas City’s legacy of segregation