Does the Fair Credit Reporting Act (FCRA) permit a credit union to share credit report information with the applicant in connection with a loan denial?
May 1, 2013
Also, are credit unions required to give written adverse action notices?Read More
What challenges inspire and motivate you to succeed at your CU?
April 22, 2013
‘Education brings about opportunity, and in turn inspiration.’Read More
The consumer bureau stands ready to attack unfair practices or providers.
March 6, 2013
Prepare for a long path of increased regulatory changes affecting virtually every consumer product and service.Read More
Do the risk-based-pricing notice requirements apply to business purpose credit?
March 1, 2013
The Fair Credit Reporting Act requirements only apply to consumer credit.Read More
Award-winning lenders, part IV
Strong common bond keeps delinquencies low despite geographical hurdles.
January 25, 2013
‘Each country is scored by risk and delinquency experience, and the macro-economic outlook.’Read More
Research takes a snapshot of consumers’ perceptions.
January 14, 2013
Consumers who ultimately determine critical marketing outcomes may invest but a moment in deciding whether to act on or ignore a marketing message.Read More
CUs must update certain model forms to reference the new federal agency.
November 30, 2012
Dodd-Frank transferred rule-making authority for a number of consumer financial protection laws to the CFPB.Read More
Best laid plans must be altered at times but that doesn’t mean our initial attempts are without value.
October 8, 2012
Think about how you reposition products or services to accommodate consumers.Read More
Agency describes expectations in wake of action against Capital One.
July 25, 2012
Banks' high-pressure tactics’ on credit card add-on products lead to CFPB’s first enforcement action.Read More
The economy takes two steps forward and one step back.
July 1, 2012
There is concern that the economy will stall in mid-2012 as it did the previous two years, at least in terms of job growth.Read More