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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On February 16, the CFPB reported on the first set of results from the newly updated Terms of Credit Card Plans survey. The report alleges that large banks are offering worse credit card terms and interest rates than small banks and credit unions, regardless of credit risk. For more information, click here.

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The Best Debt Consolidation Loans

Better Credit Blog

If the amount of your overall debt isn’t all that high, and you only need to borrow a relatively small amount of money, then PenFed might be a strong option for you, as it offers loans for as little as $500 and up to $35,000. Unlike with many credit unions, it’s possible to pre-qualify for a loan to see what offers are available.

article thumbnail

The Best Debt Consolidation Loans

Better Credit Blog

If the amount of your overall debt isn’t all that high, and you only need to borrow a relatively small amount of money, then PenFed might be a strong option for you, as it offers loans for as little as $500 and up to $35,000. Unlike with many credit unions, it’s possible to pre-qualify for a loan to see what offers are available.