NEW YORK–Consumers have been spending money as if the coronavirus recession is over, but they are also paying down old debts and avoiding new ones in case the pandemic lasts a while, according to one new analysis.
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WASHINGTON—CUNA and NAFCU are both expressing concerns with the CFPB’s review of the Credit Card Accountability Responsibility and Disclosure (CARD) Act and offering recommendations for where they would like to see changes.
MADISON, Wis. – The Filene Research Institute has launched its Center of Excellence for Community Social Impact, with Dr. Mai Nguyen leading the initiative as the new research fellow.
ONTARIO, Calif.–A company founded to serve women looking to dress more fashionably and attractively both in professional and personal environments–and then watched as the pandemic reduced the premium on appearance—offered some advice to credit unions on how to pivot quickly.
NEW YORK—Thirty-five percent of small businesses say they would have closed during the pandemic without ecommerce, a new study has found.
ALEXANDRIA, Va.—During a special open board meeting, the NCUA board voted 3-0 to approve a proposed interagency rule on the role of supervisory guidance.
WASHINGTON—After going into effect this week, the Department of Housing and Urban Development's (HUD) final rule to amend the Fair Housing Act's (FHA) disparate impact standard is already facing two legal challenges, one in California and another in Connecticut.
BOULDER, Colo.–Two Colorado credit unions are matching donations to a relief fund created in the wake of raging wildfires in the state.
WASHINGTON–The Fair Credit Reporting Act (FCRA) turned 50 years old this week. The law has gotten plaudits from various consumer groups even as ‘flaws and abuses” are cited.
BRADFORD, U.K.–A group of eight organizations here, including one credit union, have come together on a Halloween-themed campaign aimed at raising awareness about loan sharks, while also addressing poverty and financial exclusion.