Analysis Ranks States According to Levels of Financial Literacy 04/28/2024 01:08 pm MIAMI–Financial literacy is more important than ever, but a new analysis conducted by WalletHub finds great differences in levels of literacy on a state-by-state basis.
In Wake of Changes Made by Credit Bureaus, Here’s What New CFPB Research Found When it Comes to Changes in Medical Debt on Credit Reports 04/29/2024 07:42 pm WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has released research showing 15 million Americans still have medical bills on their credit reports despite changes by Equifax, Experian, and TransUnion.
Although Most Know Nothing About It, Americans Say They Like Idea of Card Late Fee Cap 04/29/2024 07:44 pm TROY, Mich.–A new survey of Americans finds most believe the CFPB’s credit card late fee cap of $8 will be helpful, with many saying it will even be “very helpful,” even as the majority of Americans are also unaware of it.
Overwhelming Majority of Small Biz Don’t Want Payments Legislation, Survey Finds (But it Comes With a Caveat) 04/29/2024 07:43 pm WASHINGTON– The overwhelming majority of small businesses oppose new government mandates on payment networks and instead are more concerned with inflationary pressures than the cost of processing credit cards, as they rely on the security offered by leading credit card networks to operate their businesses and serve their customers, according to a new report.
SCE CU Partnering With County on Program to Open Checking, Savings Accounts For Youth in Foster Care 04/29/2024 07:42 pm LOS ANGELES–SCE Credit Union said it has entered into a partnership with Los Angeles County through which foster care youth as young as 13 can open their own checking and savings accounts – without an adult co-owner – through the credit union’s Youth Access Banking program.
Montana Credit Union Awards $96K in Grants to Local Nonprofits 04/29/2024 07:40 pm GREAT FALLS, Mont.–Through a partnership with the Federal Home Loan Bank of Des Moines, Montana Credit Union has awarded $96,000 in grants to eight local nonprofits.
Bethpage Credit Union Opens Its First Branch Outside Home State 04/29/2024 07:41 pm BETHPAGE, N.Y.–Bethpage Credit Union has made its first expansion out of state.
Treasury Pressing for Broader Enforcement of Foreign Providers of Crypto 04/29/2024 07:43 pm WASHINGTON—The Treasury Department is actively advocating for broader enforcement powers aimed at regulating foreign providers of cryptocurrency services, driven by what it says is the imperative of strengthening national security measures, according to a new report.
