Cooperative Credit: How Community Development Credit Unions are Meeting the Need for Affordable, Short-Term Credit

Contributing Organization(s): Woodstock Institute

Author(s)/Creator(s): Marva Williams

Publishing Date: 2007-05-01

Issue Areas: Consumer Protection; Economic Development

Intended Audience:

This report summarizes an 18-month evaluation of the affordable payday loan alternative products offered by six community development credit unions. In addition to describing loan activity, the report identifies the financial and operational factors that account for the program's success.

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http://downloads.issuelab.org/2257cooperativecredit_may2007_williams.pdf

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