Keynoters Named for World CU Conference 03/25/2021 08:02 pm MADISON, Wis.–The World Council of Credit Unions has named four “distinguished speakers” for its upcoming 2021 World Credit Union Conference.
CUs Suffer ‘Unequal Treatment’ Under TCPA, Says CUNA in Court Brief; Tells Senate MBL Cap ‘Arbitrary and Hurting CUs’ 03/25/2021 07:40 pm WASHINGTON—Credit unions suffer unequal treatment for having made important and welcome calls to members under the Telephone Consumer Protection Act (TCPA), CUNA said in an amicus brief filed in Lindenbaum v. Realgy, LLC.
NAFCU Sends Letters to CFPB, House Committee, OCC 03/25/2021 07:39 pm ARLINGTON, Va.–NAFCU has sent three different letters to regulators and policymakers stressing what it says is the importance of ensuring a level playing field for financial technology companies as they seek to participate in the consumer financial marketplace.
CFPB Files Suit Against Student Loan Co. Over Illegal Upfront Fees 03/25/2021 07:34 pm WASHINGTON—The Consumer Financial Protection Bureau has filed suit against a student loan debt relief company, its owner, and manager for allegedly charging thousands of consumers more than $3.5 million in illegal upfront fees.
New Analysis Projects Auto Sales Will Zoom 42% Beyond Sales of 1 Year Ago 03/25/2021 07:40 pm SANTA MONICA, Calif.–TrueCar is projecting total new vehicle sales will reach 1,460,820 units in March 2021, up 42% from a year ago and up 13% from February 2021, when adjusted for the same number of selling days.
NCUA to Host Webinar on BSA, AML in April 03/25/2021 07:39 pm ALEXANDRIA, Va.–NCUA said it will host a webinar on the Bank Secrecy Act and anti-money laundering compliance on April 14.
League of Southeastern CUs Hosts Virtual Advocacy Events in Georgia, Florida; Here’s What Elected Officials Said 03/28/2021 04:54 pm DULUTH, Ga.–The League of Southeastern Credit Unions has hosted Virtual Advocacy Conferences in two states.
CFPB Reports 54% Surge in Consumer Complaints During 2020, And Leading the Way Were… 03/25/2021 07:45 pm WASHINGTON–The CFPB is reporting it experienced a 54% increase in consumer complaints during 2020. Complaints related to credit and consumer reporting were the dominant sources of consumer dissatisfaction.