NEW YORK–A new analysis of consumer complaints related to credit reports finds two-thirds are related to having someone else’s information on their report. The same report also identified the top five states where people “should complain more.”
Fresh Today
MUSCLE SHOALS, Ala.–Listerhill Credit Union here has received a $5 million subordinated debt loan from National Cooperative Bank (NCB).
ARLINGTON, Va.—Existing home sales fell 3.3% in June to a seasonally-adjusted annual rate of 4.16 million units, representing an 18.2% decrease in sales versus a year ago, according to National Association of Realtors data.
CHICAGO – A new TransUnion study has revealed a trend taking place in credit scores related to the pandemic, and the company is saying lenders would be “well advised” to take a “holistic look at score migrators.”
IRVINE, Calif.–Origence has released the latest in its podcast series, “ON with Origence,” offering an insightful look at how artificial intelligence is being used and can be used by credit unions.
WASHINGTON—The Credit Card Competition Act brings many cybersecurity concerns, CUNA said in a to members of Congress.
COLUMBIA, S.C./RALEIGH, N.C.–Credit unions in the Carolinas provided more than $6 million in scholarships for the 2023-24 academic year.
DENVER–Westerra Credit Union said it has launched a “groundbreaking financing program” that streamlines loans for new home construction or renovation projects.
WASHINGTON— The Consumer Financial Protection Bureau has sued lease-to-own finance company Snap Finance, alleging the company has been deceiving consumers, obscuring the terms of its financing agreements, and making false threats.
CUPERTINO, Calif.— If banks and credit unions did not already fear Apple’s entry into the credit card space, they now have more to worry about, according to one new report.