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Payday Lending Industry to Roll Out More Fee Disclosures

By David Morrison

The Community Financial Services Association, the trade association that says it represents 60% of the payday lending industry, will unveil a new policy that will require its members to disclose more of their fees before the small value loans are made.

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CUNA: Consolidation May Cut Back on SBA 7(a) Form Redundancy

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November 13, 2007

Five More CUs Sell Portfolios to TNB

Five more credit unions have sold their credit card portfolios to TNB Card Services, the card processing and portfolio management arm of credit union owned Town North Bank. The recent purchase brings the total number of card portfolios that TNB has purchased to 140, the bank CUSO said.

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November 13, 2007