GreenPath, a Michigan-based, nationwide credit counseling firm, has offered credit card-issuing CUs a way they can more inexpensively meet their obligations under the Credit Card Accountability, Responsibility and Disclosure Act.
The firm, which has a history of working with credit unions, said it would allow them to offer their card-holding members access to its credit card counseling line at no charge to the CU.
The CARD Act requires credit card issuers to include contact information for credit counseling firms on their credit card statements.
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