Study reveals 65% of payday borrowers have a credit card; 81% of high-interest student loan borrowers have a mortgage.
Credit union and bank executives tell the Republican-controlled Senate Banking Committee the CFPB needs structural reform.
Space Coast Credit Union has created a campaign to help educate consumers about the auto lending practice known as rate markups.
Florida credit union takes on dishonest auto dealers in its latest member education campaign.
State Employees' Credit Union teams up with the Center for Responsible Lending to help members avoid expensive car dealer add-ons.
Tom Nix, who sold his family financial services business to Kinecta FCU in 2007, shares details on the deal and his eventual departure.
State Employees' Credit Union and the Center for Responsible Lending will educate members on avoiding auto dealer add-ons and overpriced financing.
Despite attempts to negotiate at dealerships, Hispanic and black car buyers pay higher rates according to CRL report.
A consumer coalition voiced support to federal financial regulators attempts to prevent payday lenders from using the electronic check system to debit their customer's checking accounts for loan payments.
Group of groups call for regulator attention to payday lenders using automatic check debits.