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ST. PETERSBURG, Fla.— Even as consumer sentiment and confidence continued to erode, consumer purchasing behavior remained positive in April, with increased growth in debit activity and ongoing consistent growth in credit activity, according to the May edition of the Velera Payments Index.

MCLEAN, Va.--The 30-year fixed-rate mortgage continues to hover under 7%.

WASHINGTON—As a result of a Federal Trade Commission lawsuit, a fraudulent student loan debt relief operation and its owners are permanently banned from the debt relief industry and required to turn over all assets to resolve allegations that they misled consumers, the FTC reported.

NEW YORK—Are credit unions at a crossroads when it comes to buy now, pay later? A new study suggests CUs need to make some quick, and important decisions.