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The percentage of consumers who are past due on home equity loans, RV and other personal loans also rose in the third quarter, data released by the American Bankers Association showed.
January 14 -
Roughly 55% of Michiganders belong to a credit union but growth rates in the state continue to slow.
January 10 -
A new report from the National Credit Union Administration's Office of the Inspector General outlines what to expect in the year ahead following some 2019 scandals.
December 23 -
The Department of Business Oversight said TitleMax charged consumers fees to push loan amounts above the threshold at which the state's rate cap applies.
December 16 -
The average price of a previously owned car has fallen in two consecutive months, and if the trend continues, lenders could see losses mount, Richard Fairbank said this week.
December 12 -
The bank may extend advisory service to clients with as little as $5,000 to invest; trading of the cryptocurrency has plunged.
December 9 -
Given their price, higher interest rates and appeal to a specific consumer segment, recreational vehicle loans could be a significant growth segment for some credit unions.
November 27AppOne, Inc. -
The Bank is poised to pick two people to handle Simon Potter’s former job; Securities backed by subprime U.S. car loans are “going gangbusters.”
November 26 -
Bank of the West intends to stop making indirect auto loans and will instead focus on financing purchases of boats and recreational vehicles. It’s just the latest example of a regional bank pouring more resources into the powersports sector.
November 14 -
The tech giant’s plan to offer checking raises concerns about how it will use customer data; third quarter loan originations were the second most on record.
November 14