Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
NerdWallet: CUs May Have The Answer In Debt Relief

NEW YORK (4/8/13)--Consumer debt is climbing--the latest Federal Reserve figures say debt is at nearly $2.8 trillion--but NerdWallet says consumers can get debt relief from credit unions. 

"Many credit unions understand their members' debt problems and they want to help solve them," NerdWallet wrote in a blog entitled "Credit Union Debt Relief Programs."

"We've found credit unions nationwide that offer debt relief solutions ranging from debt management tools to free financial counseling, all in service to the improvement of your personal finances. Visit the nearest credit union branch to find the debt relief program that works best for you," said the blog.

The website lists 10 credit unions with special programs to help members:

  • Arsenal CU, Arnold, Mo.;
  • CommonWealth One FCU, Alexandria, Va.;
  • Consumers CU, Kalamazoo, Mich.
  • First CU, Chandler, Ariz.;
  • Icon CU, Boise, Idaho;
  • San Mateo CU, Redwood City,Calif.;
  • PrimeWay FCU, Houston;
  • United Advantage NW FCU, Portland, Ore.;
  • Xceed Financial CU, El Segundo, Calif.; and
  • UniWyo FCU, Laramie, Wyo.

The article devotes a paragraph to each credit union's specific programs. For the full article, use the link.

RSS print
News Now LiveWire
Reimagined branches shift to member, not #creditunion, needs: @cunacouncils white paper http://t.co/lN2mu0IVar
53 minutes ago
Data breach at Home Depot in Sept. cost CUs nearly $60M 2 reissue cards, deal w/fraud & other costs: new @CUNA survey http://t.co/kzHSX3rAzA
1 hours ago
.@COFCU's #CommunityChallenge saves members $700K in interest, gives back to local charities See #NewsNow http://t.co/67o0rOp3Ml
1 hours ago
Post #QE, @federalreserve concerns still linger, says @CUNA's Schenk http://t.co/0GSrpUYpyG
2 hours ago
.@CUNA's @HampelBill in @WSJ on @federalreserve mtg: 'No significant impact on financial markets or the economy' http://t.co/sbJycxdDXS
2 hours ago