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BankPlus program offers alternative to payday loan (access required)

by Ted Carter

Published: November 21,2010

Tags: BankPlus, Bill Ray, Carol Penick, CreditPlus, Martha Bergmark

CreditPlus gains praise from experts as way to serve struggling borrowers BankPlus is winning applause across the state for its CreditPlus small-dollar loan program designed an alternative to payday loans. The loans are also designed to help borrowers pay off existing payday loans at a 5 percent interest rate, far lower than rates of the 985 licensed ...


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