The financing package includes Alliant Credit Union providing acquisition financing for this unnamed property in Baton Rouge, La. CHICAGO — Chicago-based Alliant Credit Union has provided over $51 million in financing for three student housing properties located near Louisiana State … Continue reading →
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The Federal Trade Commission is returning $772,512 to consumers who were targeted by a debt collector who unlawfully brokered and collected fake debts that the consumers did not owe. According to the complaint filed by the FTC and the New … Continue reading →
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Credit union and bank clients — and ultimately the financial institutions where they do business — have been propped up to some degree by federal stimulus programs during the pandemic. But with the phaseout of government support that was designed … Continue reading →
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Congress is mulling over the idea of slapping price controls on what credit card issuers can charge merchants when people use plastic to buy something. Proponents say capping these so-called swipe fees will mean lower prices for consumers. This episode … Continue reading →
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In a shift from the previous U.S. economic crisis, credit card issuers last year mostly avoided clamping down on their existing customers’ borrowing limits, according to a new report from the Consumer Financial Protection Bureau. The report, one of the … Continue reading →
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It’s easy to quantify the pain that high levels of debt can cause to one’s finances by either looking at the opportunity cost or the squeeze on the ability to pay day-to-day expenses. But causing pain to the actual body? … Continue reading →
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Navigant Credit Union announces two promotions on award-winning residential mortgage team SMITHFIELD, RI (September 30, 2021) — Navigant Credit Union has announced the promotions of two leaders on its growing Residential Mortgage team, which was recently rated as Rhode Island’s … Continue reading →
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The Department of Justice announced today that American Honda Finance Corporation (AHFC) has agreed to settle a federal lawsuit alleging that it violated the Servicemembers Civil Relief Act (SCRA) by failing to refund a type of up-front lease payment to … Continue reading →
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Banks have resisted committing to the most explicit road map for cutting greenhouse gas emissions to net zero by 2050, just weeks before the COP26 climate talks in Glasgow. Negotiators for a Mark Carney-led initiative to encourage finance groups to … Continue reading →
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Photo by Joshua Woroniecki on Unsplash After the United States Senate recently voted to temporarily raise the nation’s debt limit, a sigh of relief was likely emitted by many. However, it’s now right back to the Federal Reserve as one … Continue reading →
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