Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Fox taps CUNA for credit-monitoring advice
MADISON, Wis. (2/28/11)--The Credit Union National Association (CUNA) provided advice to consumers about credit-monitoring services, in a Thursday article by Fox Business.com. At issue is whether such services are worth the cost to consumers to keep tabs on their credit reports, improve their credit scores, and monitor suspicious activity and fraud. After shopping around for these services, consumers should consider using a brand that they know well or an institution where they already do business, Mike Schenk, CUNA senior vice president of research and statistics, told Fox Business. “It’s always a good idea to go to someone you trust--if you’ve had a relationship with a financial institution for a while and feel it operates in your best interest and the fees … are fair and transparent, that would be a good place to start,” Schenk added. “It’s a big business, so there are a lot of providers of these services out there that generate a lot of income by selling consumers protection that they don’t really need or levels of protection that are far in excess of what they need,” he concluded. To read the article, use the link.
Other Resources

RSS





print
News Now LiveWire
#DDoS attacks can expose weaknesses that cybercriminals can exploit. http://t.co/8HGmDuCV9j
17 minutes ago
.@voxdotcom asks: is 2015 the year Congress takes action on patent trolls? http://t.co/4vQ49fVP0W
27 minutes ago
Class is in session for Fin. Lit. Day on #capitolhill #NewsNow http://t.co/LuslMaSPlq
52 minutes ago
New website, resources for @cunacouncils http://t.co/926Y7QeDqW http://t.co/2BnZnwOjdU
1 hour ago
Final field-of-membership rule tops April 30 NCUA agenda http://t.co/gFIhRhUCts
16 hours ago