Survey Finds Numerous Misunderstandings When it Comes to Home Buying Process 08/13/2023 11:45 am ST. LOUIS–A new survey has found 31% of non-homeowners say they’re knowledgeable about the home-buying process, but 62% wrongly think it’s required to put down 20% on a home, and 66% mistakenly believe buyers pay their agent’s commission fees.
Gen Z Turning to Cards, Unsecured Loans Even as Underwriting Tightens, TransUnion Reports 08/13/2023 11:45 am CHICAGO –The newly released Q2 2023 Quarterly Credit Industry Insights Report (CIIR) from TransUnion shows that relative to the consumer population as a whole, Gen Z consumers (born between 1995 and 2005) “continue to turn to bankcards and unsecured personal loans even as lenders have begun to tighten underwriting.”
And The Winner of Fintech Competition at Inaugural VISION Conference Is… 08/13/2023 11:40 am SANDESTIN, Fla. – The fintech Glide was selected as the winner of a Shark Tank-like competition held as part of the League of Southeastern Credit Unions & Affiliates inaugural VISION Conference.
Americans Have Now Charged Their Way To More Than $1 Trillion Card Debt 08/13/2023 11:45 am NEW YORK–Americans now collectively owe more than $1 trillion on credit cards.
Tesla Adds New 7-Year Auto Loan Term; Musk Calls Card Debt ‘Freaking Scary’ 08/13/2023 11:44 am AUSTIN, Texas–Tesla has introduced a new 84-month auto loan term for buyers of its vehicles.
Fed Launching Program to Oversee Banks’ Crypto Activities 08/13/2023 11:44 am WASHINGTON—The Federal Reserve is starting a new program to oversee banks’ crypto activities, and clarifying that lenders under its authority must get approval before engaging in digital-assets activities.
More Than $2 Million in Medical Debt Erased Following Grant from Coastal CU Foundation 08/13/2023 11:40 am RALEIGH, N.C.– The Coastal Credit Union Foundation has made a grant to RIP Medical Debt that has helped erase nearly $2.2 million in medical debt owed by central North Carolinians.
