NEW YORK—It’s increasingly clear that Americans are turning to alternative payment methods such buy now, pay later apps to make ends meet, a new study shows.
THE news
NEW YORK–What to make of consumers and their credit? For every negative cited by some analysts, there are positives cited by others, a new report makes clear.
WASHINGTON–A second letter from members of Congress has been sent to Navy Federal Credit Union that demands more information about alleged bias in mortgage lending, including a half-dozen specific questions.
NEW YORK–The country’s largest bank is reporting record-breaking profits for 2023.
WASHINGTON—The Federal Trade Commission (FTC) should avoid subjecting “not-for-profit, well-regulated, state-chartered” credit unions to its proposal against unfair or deceptive practices related to fees for goods or services, America’s Credit Unions said in a letter to the agency.
LATHRUP VILLAGE, Mich.–Michigan First CU collaborated with Detroit Pistons’ players Marvin Bagley III and Alec Burks to create an “unforgettable surprise” for several members in need of financial relief after falling on hard times.
WASHINGTON—Consumers are increasingly relying on credit cards to maintain their lifestyles while grappling with inflation and rate increases, more are relying on credit cards, a new report suggests.
NEW YORK—The biggest companies in the country have avoided the damage of higher interest rates, a new report suggests.
NEW YORK—Some people holding student loan debt have decided the best repayment plan for them is to never repay the loan at all.
NEW YORK–In early 2024, credit unions are going to need to be wary of members who have accumulated loan debt during the holidays that isn’t showing up on credit reports.