PayThink

Strategic defaulters have lost the incentive to pay. Something should be done to replace that incentive, not simply reduce debt.

Senka Huskic is mad, very mad and wants you to share that anger. Think a "Network" kind of anger, a Howard Beale kind of anger, a genuine bona fide "I'm mad as hell and I’m not going to take it anymore" kind of anger.

Is it fair to give a 30% haircut to borrowers who put zero down, and not to their neighbors who put 30% down? Or to distribute taxpayer funds to five states with half the country's negative equity?

Women expect you to walk the talk. If you say, "we care about and believe in women," yet all of your management is men, then, Houston, you have a problem.

You've heard the philosophical question: If a tree falls in the woods and no one is there to hear it, does it make a sound?

Should there be an NCUSIF and a separate "NCUSIF Junior?" That question provokes some thought as credit unions get closer than ever to at least a vote in Congress on expanded member business lending.

Nine-million dollars is a lot of money. Few of us volunteer board members or credit union staff members ever will receive that much money either in our paychecks or our retirement.

It's easy to get lost in the hype and extremes of rising student debt when, in reality, 72% of borrowers owe less than $25,000 and fewer than 5% owe more than $75,000.

The economic downturn combined with continued regulatory overhead and uncertainty, have rendered many lending products potentially obsolete for large portions of a portfolio. This in turn reduces the amount of capital a credit union is willing to invest in a product line for loan growth.

A quick read of a recent New York Times story could suggest a tidal move back into subprime lending. But a closer look reveals a major exception: before the crisis, consumers with weak credit were warmly invited to borrow on unsecured bank credit cards. No more.