WASHINGTON–TheConsumer Financial Protection Bureau has taken action against an online debt-settlement company it alleges has been taking advantage of consumers, failing to disclose its relationship to certain creditors, and steering consumers into high-cost loans offered by affiliated lenders.
Fresh Today
LANSING, Mich. — LAFCU, in partnership with the Michigan Credit Union Foundation, has opened applications for the LAFCU Hotspot Program.
ALBUQUERQUE, N.M.—U.S. Eagle FCU has broken ground on a new office here.
ST. PETERSBURG, Fla. —PSCU has launched the PSCU Payments Index, which it is calling the next evolution of the CUSO’s successful consumer payments trend analysis.
LONDON—Airtel Africa said Mastercard will invest $100 million in its wholly owned subsidiary Airtel Mobile Commerce (AMC) BV.
NEW YORK–Google is reporting the search question, “When is the housing market going to crash?” spiked 2,450% over the past month. Right behind it in popularity was the question, “Why is the market so hot?” with searches doubling in just one week.
CHICAGO– The COVID-19 pandemic had a pronounced effect – in a short period of time – on how people paid their debts, particularly when faced with financial stress, according to a new TransUnion study.
ALEXANDRIA, Va.– Nearly half of new hires at NCUA during 2020 were people of color, according to a new report from the agency.
ARLINGTON, Va.—On a seasonally-adjusted basis, overall consumer prices rose 0.6% in March, with the Bureau of Labor Statistics reporting the overall consumer price index (CPI) grew 2.6% over the 12-month period.
WASHINGTON–Just how flush many credit unions are with liquidity is evident in new numbers being reported by Trust For Credit Unions, a mutual fund created by and for CUs.