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 payday loan alternative being a turnkey answer to credit unions nationwide.

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

For a fair start-up cost, credit unions may have usage of comprehensive training, marketing support and advertising materials. Additionally included is individualized software supplied by CU*Answers.

“ Good Money provides lower cost options to customers to locate a loan that is short-term. More to the point, this program encourages education that is financial producing an even more informed debtor, and usage of other financial loans to boost their monetary security, ” said Lois Kitsch, nationwide system manager when it comes to nationwide Credit Union Foundation’s REAL Systems В® program.

Since its launch in 2005, Prospera ’ s GoodMoney has gotten nationwide attention from the latest York days and United States Of America Today. It has additionally gotten the credit union industry ’ 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 decent money to make certain that credit unions might help their neighborhood communities.