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Q2 Industry Insights: Higher Monthly Expenses for Consumers, Regulatory Guidance for Financial Institutions

True Accord

Updates to the Gramm-Leach-Bliley Act (GLBA), the Safeguards Rule , provide financial institutions, including those in the accounts receivable management industry, with requirements on how to safeguard customer information, went into effect on June 9. After three years of relief from payments on $1.6

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How Do CDs Work? Everything You Need to Know

Credit Corp

You can open a CD at many different financial institutions, including banks and credit unions. Near the end of the term for your CD, your financial institution will notify you and explain your options. Don’t let your savings sit in an account that’s not accruing interest. Where Can I Get a CD?

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10 Ways to Build Credit Without a Credit Card

Credit Corp

Peer-to-peer loans are made by an individual investor or groups of investors instead of traditional financial institutions, with the accrued interest going back to the investors. Make sure your bank will report payments to the three major credit bureaus before opening this type of loan. Peer-to-Peer Loans.

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All the Types of Student Loans

Better Credit Blog

government, whereas private loans are offered by banks, credit unions, and other financial institutions, some of which focus solely on providing student loans. A Subsidized Stafford Loan, as it’s commonly referred to, does not accrue interest while the student is enrolled in school.

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How Doctors Are Pushing Medical Credit Cards on Patients

Collection Industry News

Medical credit cards with deferred interest often end up hurting people with lower credit scores, according to the CFPB. I wanted to make sure that if youre going forward with a deferred-interest credit card, you know what youre signing up for, says Margaret Croke, the Illinois state representative who sponsored the bill.

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