WASHINGTON— Many consumers are still being hit with unexpected overdraft and nonsufficient fund (NSF) fees-with nearly half saying they were “surprised”–despite recent changes implemented by banks and credit unions that have eliminated billions of dollars in fees charged each year, according to a new report from the CFPB.
Fresh Today
IRVINE, Calif.–Origence has officially announced a lending partnership with Tesla—first reported by CUToday.info in November.
MIDLAND, Mich.—Members First Credit Union hosted its inaugural “Week of Joy” throughout the week of Dec. 11, saying it was seeking to spread joy to community members with random acts of kindness and surprise Visa gift cards.
WYOMING, Mich.–Bloom Credit Union has sold its building here at 1414 Burton St. S.W. to its next-door neighbor, Godfrey-Lee Public Schools.
WASHINGTON–The Consumer Financial Protection Bureau (CFPB) has ordered U.S. Bank to pay nearly $21 million for keeping out-of-work consumers from accessing unemployment benefits at the height of the COVID-19 pandemic.
NEW YORK—The holidays are a “perilous time” for the nation’s credit card holders, one new report suggests.
VIENNA, Va. –In response to a CNN report alleging bias in its mortgage lending, Navy Federal Credit Union said it has retained a leading civil rights attorney to conduct an investigatio
WASHINGTON—Single-family home sales likely bottomed out in Q4 2023 and, due to the recent pullback in mortgage rates, are expected to begin a “slow but meaningful recovery over the course of the next year,” according to a new forecast.
NEW YORK—With Christmas nearly here, more shoppers are requesting increased credit limits as lenders get stingier about issuing them new cards, a new report has found.
WASHINGTON–The Consumer Financial Protection Bureau (CFPB) has issued a new report that has found many college-sponsored financial products have “higher fees and worse terms and conditions compared to typical market products.”