NEW YORK—Total credit card debt in the U.S. has reached a record high, a challenge exacerbated by the fact people are putting less money toward paying it down, a new report reveals.
Fresh Today
SANTA BARBARA, Calif.–With credit unions having adopted a number of different work requirements post-COVID, new data indicates fully remote workers are falling behind in one of the most-prized and important aspects of a career: getting promoted.
SWEETWATER, Fla.–Dade County FCU has introduced a new auto loan for educators that offers an annual two-month break from loan payments while schools are on recess during the summer and when many teachers are not paid.
NASHVILLE—Acting Comptroller of the Currency Michael Hsu is calling for the creation of a federal money transmitter license.
PORTLAND, Maine – Evergreen Credit Union has introduced a new rewards checking account for members ages 13-24.
PLANO, Texas– Cornerstone Resources, a subsidiary of the Cornerstone Credit Union League, said it is partnering with BankSocial to allow credit unions to offer cryptocurrency to their members.
WASHINGTON—The Federal Trade Commission said it is taking action against tax preparation company H&R Block for numerous alleged violations.
PIONEER VALLEY, Mass.–Two credit unions in this state are reporting “unprecedented success” in solar lending during 2023.
LONDON— An analysis of more than 1,600 anti-money laundering (AML) events recorded across the U.K. in the last decade shows, perhaps not surprisingly, that money laundering is the most prevalent issue (27.5%).
SACRAMENTO, Calif.—As the result of an alleged mortgage relief scam, a federal court has issued an order banning the operators Home Matters USA from the telemarketing and debt relief businesses and have further required them to turn over $19 million.