Credit Unions Gain Record Share of Plastic

Credit unions in February held their largest share of the nation’s credit card debt ever as the nation’s credit debt remained near record levels, according to the Federal Reserve’s monthly Consumer Credit report released Friday. Credit unions held...

Increasing Auto Lending Fraud Risk Remains Hidden

Auto lending fraud has been rising for several years, but it remains hidden in credit losses, according to new research by a San Diego, Calif-based technology firm. After 2016 auto lending originations soared to historic high levels, the downstream effects are now...