WASHINGTON—The Consumer Financial Protection Bureau has ordered the New Jersey-based debt collection law firm Pressler & Pressler, LLP, two principal partners, and New Century Financial Services, Inc., a debt buyer, to stop “churning out unfair and deceptive debt collection lawsuits based on flimsy or nonexistent evidence.”
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SAN ANTONIO–San Antonio FCU said it will begin offering short-term, small-dollar loans to members through a new relationship with QCash Financial, an automated, cloud-based, omni-channel lending platform for financial institutions.
LONDON—A new study reveals that men are almost twice as likely as women to store passwords or PINs to credit cards, debit cards, online bank accounts and other online accounts on their smartphones, tablets and laptops.
ONTARIO, Calif.–CU Direct will host a webinar on May 3 on the State of the Credit Union Auto Lending Market: Auto Lending Trends, Credit Union Analysis & Auto Industry Update.
COLORADO SPRINGS, Colo.–Aventa Credit Union has launched a First Responder Loan that offers a loan fixed-rate loan to support those who are currently employed or volunteer as a first responder.
VIENNA —The World Council of Credit Unions made oral comments on how updated guidance from the Financial Action Task Force can help credit unions preserve access to correspondent banking services.
EAST WINDSOR, Conn.–Insuritas announced it has been chosen by Inspire Federal Credit Union to install its award-winning insurance agency solution for its members.
WASHINGTON–The Financial Industry Regulatory Authority (FINRA) Investor Education Foundation, the Filene Research Institute, and six credit unions have launched a two-year research project to assess the long-term impact of an Employer Sponsored Small Dollar Loan program designed to help employees avoid the high cost of payday lenders, establish or repair credit, and begin to save.
LAWRENCEVILLE, Ga.–All those trucks consumers have been buying in recent years are starting to put a bigger dent in the resale values of these vehicles.
SEATTLE—Members of Puget Sound FCU have approved a merger with Redmond, Wash.-based Qualstar Credit Union.