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Anatomy Of A Credit Score

Anatomy Of A Credit Score: What?s in a credit score? You probably know that your credit score helps determine whether you get approved for a loan or credit cards, and at what rates you qualify. The better your credit score, the better your chances of getting credit with favorable terms. But the elements that factor into your score may seem ...

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Digital Payments Lead the Way Globally: Key Insights from Worldpay Study

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Embracing ARMs And Battling Members’ Misconceptions

With adjustable-rate mortgages back in fashion, credit unions are educating members about the ins and outs of these products, dispelling misunderstandings along the way. With housing stock low, home prices high, and interest rates showing no signs of coming down, many credit unions are turning to adjustable-rate mortgages to help would-be borrowers find a home. ARM loans gained a bad reputation after the 2008 housing crisis and the Great Recession, but credit union leaders insist that with the right education and a clear understanding of how the product works, adjustable-rate mortgages can be an ideal solution for would-be homeowners. The Big Picture53% of those who don’t own a home believe homeownership is out of reach, according to a study from Northwestern Mutual . 58% of millennials feel this way, but roughly half of baby boomers and Gen X share the sentiment. According to Federal Reserve data, the average price of a home topped $510,000 at the end of 2024. That’s 32% higher than f...
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Jim Nussle To Retire From America’s Credit Unions

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Havoc.’ ‘Debacle.’ Analysts See Rough Road Ahead for Autos With Tariffs

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Zelle Discontinues Standalone App, Shifts Users to Bank and Credit Union Platforms

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