Center for Responsible Lending finds Hispanic and black car buyers receive higher interest rates on loans financed through dealerships.
Despite attempts to negotiate at dealerships, Hispanic and black car buyers pay higher rates according to CRL report.
Members of the Consumer Financial Protection Bureau’s Credit Union Advisory Council told Credit Union Times that CFPB officials listen to credit union concerns and seem to understand the unique relationships between credit unions and their members. However, they said, CFPB officials don’t have an answer for why they can’t...
When it comes to buying a car, many members of Communicating Arts Credit Union face choices limited to buy-here-pay-here lots with some rates as high as 20% or more.
Members who may not have the ability to buy a car are getting a second chance through North Side Community Federal Credit Union.
A recent report suggests that branch visits may still be an underleveraged asset.
IMN has changed the name of its e-communications platform for credit unions to Member Adviser from Credit Union On.
House and Senate conferees will tackle the issues of greatest interest to credit unions in the financial overhaul when they meet later today.
House conferees turned down a proposal that would place car dealers under the purview of the new Consumer Financial Protection Bureau.