NCUA Urges DOD to Exclude CU Payday Alternative Loans from Proposed Military Lending Rule
NCUA Chair Debbie Matz has sent a letter to the DOD urging them to continue to permit federal credit unions to make payday alternative loans (PALs) to military personnel and their family members, if the loans are made in accordance with NCUAâs current PAL regulation. [12/19/14]
