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48% of Consumers Look Beyond Their Main FI for Mortgage Loan

Although consumers’ financial institutions (FIs) offer most credit products, PYMNTS found that nearly half of them turn to other FIs for their mortgages.

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Nearly 40% of Credit Unions Offer Instant Access to Payday Loans

have long been a reliable source for credit products such as credit cards, mortgages, auto loans and personal loans. However, with the rise of non-bank and…

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Nearly 40% of CUs Offer Instant Access to Payday Loans

Reducing the time between application, approval and availability of funds is a key factor in attracting and retaining account holders, per PYMNTS Intelligence.

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Nearly 3 in 10 CU Members Would Switch for New Products

PYMNTS Intelligence found that 27% of credit union account holders would be willing to switch FIs seeking more innovative solutions.

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FedFinancial Federal Credit Union to Offer BNPL

FedFinancial Federal Credit Union, which serves federal employees in Washington, D.C., and Baltimore, has launched a buy now, pay later (BNPL) solution.

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Nearly 40% of credit unions say no to installment loans

Traditionally, consumers have relied on their primary financial institutions (FIs), such as banks or credit unions (CUs), for credit products like credit

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