Posts Tagged ‘CreditPlus’

BankPlus recognized for alternative program to payday lending

RIDGELAND — BankPlus and City First Enterprises of Washington, D.C., are the winners of the inaugural Empowerment Awards, which recognize promising projects that provide or encourage access to safe, fair financial services in underserved communities. BankPlus won in the Community Development Banking category for its innovative alternative to payday lending, and City First won in […] [...]

BankPlus program offers alternative to payday loan

by 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 […] [...]

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