WASHINGTON—The operators of an illegal debt collection scheme have agreed to be permanently banned from the debt collection business in order to settle FTC charges that they falsely threatened to have people arrested if their debts were not paid.
Fresh Today
SAN FRANCISCO—According to data provided by customer relationship management company Salesforce, 60% of all e-commerce traffic is on mobile devices.
NASHVILLE, Tenn.–To mark its 10th anniversary, CU Student Choice presented each credit union in attendance at its Empower U meeting here with a $1,000 scholarship to be awarded to a student once they return home.
NASHVILLE, Tenn.–Credit unions have again been told to prepare for changes to be coming in Congress as the result of the upcoming mid-term elections.
NASHVILLE, Tenn.–Under the Trump administration the BCFP has stepped back its oversight of private student loan servicing, but many states are now working to fill the regulatory void, according to one attorney.
NASHVILLE, Tenn.–While student debt gets significant attention, why the lack of discussion around the root cause—the skyrocketing cost of a college education that one person called “unconscionable.”
ARLINGTON, Va.—New-home sales increased 3.5% in August, but those gains are being offset by downward revisions to the prior three months of sales data. NAFCU Research Assistant Yun Cohen said that despite strong demand for homes, sales have been trending lower – largely due to "persistent affordability issues."
PLANO, Texas–The Cornerstone Credit Union League said it has introduced a new version of the "Save to Win" program with both national and league-level prizes for members of credit unions in Arkansas and Texas.
WASHINGTON–While the attention given the meeting of the Federal Reserve’s Federal Open Market Committee (FOMC) this week primarily focused on rates, Chairman Jay Powell also spoke to the systems the Fed has put in place since the financial crisis of a decade ago that are aimed at providing greater stability.
JOHNSON CITY, Tenn. – The former CEO of a credit union here has been sentenced to more than four years and prison and ordered to pay restitution after being found guilty of stealing more than $1 million.