Eight credit unions were recently recognized for their lending practices in 2013 by CU Direct.
Auto loan balances up in every state in past year, according to TransUnion.
Western Sky, CashCall settlement could yield more than $20 million in refunds for interest overcharges, state's attorney general says.
CUNA Mutual economist cites stronger employment, income growth, recovery in new light vehicle sales and less financing subsidies.
DETROIT – Payday loans paid off in installments rather in one lump sum are significantly less expensive for consumers, carry less rollover for borrowers, and result in a smaller payday loan industry.
CUDL also says its credit unions have increased funded loans by 21% so far this year.
Snubbed by lenders, entrepreneurs are taking their pitches to the people.
The CFPB claims the tech school helped create a student loan CUSO that fed ELFCU the loans.
A proposed points and fees fix would allow mortgage lenders to refund borrowers if they exceed the 3% QM cap.
Read what a test credit union has to say about a new non-prime auto loan pilot program.