Year all of the commenters that addressed this issue favored a maximum loan term of at least one

Minimal Loan Quantity

A few commenters indicated help for removing the minimal loan amount as a way of permitting an FCU to tailor their PALs II regimen to your unique specifications of their customers. In comparison, more commenters argued that removing the minimal loan amount would lead to a triple digit APR much like a normal pay day loan for any PALs II loan under $100 where in fact the credit union furthermore charges a software cost.Read More