On the day they sign loan papers, very few borrowers look forward to future conversations with a debt collector, yet, many end up having that exchange.
Read how credit unions are thriving in cities where residents have the most debt in collections.
While the Urban Institute calls the statistic alarming, it says the ratio is not a new trend.
The days of faxing in mountains of documents and face-to-face meetings with lending officers may be coming to an end.
An online event in Washington featuring SBA Administrator Maria Contreras-Sweet ponders the future of lending.
That's the view from non-partisan policy wonks, watchdogs, surveys and others without stake in the game.
Need to add children's dental and children's vision care standards cited in Urban Institute report.
Leveraging incentives and bonuses to keep high performers, taming the costs of Obamacare and looking at new policies to address workplace bullying are among some of the top trends that HR professionals in the credit union industry are expected to be talking about throughout 2013.
Pay raises expected to remain low while more credit unions leverage incentives and bonuses for high performers.
According to a new study by the Urban Institute, small and large businesses could benefit from health reform but mid-size companies will see a jump in health care costs.