WASHINGTON–Noting credit cards are “central to the lives” of 170 million Americans, the CFPB has released its fourth biennial report on the state of the credit card market for the period 2017-2018, finding new accounts have also leveled off even as total credit line across all consumer credit cards reached $4.3 trillion in 2018, nearly equal to its pre-recession high.
Fresh Today
WASHINGTON–More than eight-in-10 new cars are now being financed and it appears the trend will only continue to grow.
ARLINGTON, Va.—July’s new home sales of 635,000 units reflects a 12.8% decline after a large upward revision to estimated June sales of 728,000 units.
WASHINGTON–There is broad support for having the Federal Communications Commission (FCC) delay creation of any call blocking safe harbors, CUNA has told the agency in a letter.
NEW YORK—Could the pace of decline in digital wallets be picking up steam?
WASHINGTON—The Federal Emergency Management Agency (FEMA) has released the National Mitigation Investment Strategy (NMIS).
ELKHART, Ind.— As the debate continues over which signals are the true bellwethers of the economy’s future, one economist believes the declining shipments of recreational vehicles deserves attention.
MADISON, Wis.—The World Council of Credit Unions (WOCCU) is reporting a pilot program is allowing hundreds of Venezuelan refugees living in Colombia to access savings and loans for the first time since fleeing a series of political crises in their home country.
CHARLESTON, W.Va. — A credit union in this state has submitted the winning proposal to act as the financial institution to handle transactions for the state medical cannabis program.
CHUBBOCK, Idaho–Idaho Central Credit Union has won two honors from readers of a local publication here.