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The Credit Union 2.0 Blog


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Tag: Credit union unbanked

Posted on May 17, 2021May 17, 2021 by Robert McGarvey

The 9% Solution: Growing Credit Unions by Banking on the Unbanked

A new report from the CFPB, “Consumer use of of payday, auto title and pawn loans,” underlines the magnitude of this issue. Nine percent of unbanked consumers are habitual users of high interest, high fee loans.

Continue reading “The 9% Solution: Growing Credit Unions by Banking on the Unbanked” →

Posted in Blog feature, Membership
Tagged Credit union unbanked
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