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How Some Credit Unions Continue to Harm Seniors

Many seniors do their banking with a credit union. They like the personal attention a credit union provides, and they might like that they are a “member” of the credit union. Sometimes the fees are less at a credit union. For the most part, credit unions do a good job. However, there is one area …

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The Credit Union Won’t Come and Get My Car. What Should I Do?

Question: Dear Steve, August 2006 my step-father bought outright with cash a car for my mother. He passed away September 2006. In March 2009 my mother took the title to the credit union for a $10,000 loan. 2 different times the car was repo’d. Both times her granddaughter paid $2,500 to get the loan caught …

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The Credit Union Won’t Lower My Son’s Student Loan Interest Rate

“Dear Steve, Too much student debt and banks wont help. My son has a few student loans. One of them is from a credit union with an interest rate of 9.5% The payments are $658 for the next 25 years!! We have asked them to lower the rate, so he can make the payments, but …

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My Credit Union Won’t Give Me My Car Title Because I Have a Credit Card Balance

“Dear Steve, Worked for this credit union who in the past had federal investigators in when there were bogus loans. Worked there for 15 yrs. I paid my car loan off with my credit union but they won’t give me the title. I owe on a visa account there and they are pulling the cross …

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Grow Financial Credit Union Says They Are Holding My Car Title as Cross-Collateral. – Garrett

“Dear Steve, I paid off my car with grow financial credit union in clearwater, Fl about three months ago. I have not rec’d a title and figure they are holding it as a cross collateralization clause somewhere in my paperwork. I defaulted on their cc due to the times. Can they reposses my paid up …

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Traded in Car But Credit Union Won’t Give Me My Title Due to Old Credit Card Debt. – Don

“Dear Steve, Credit Union who won’t release title of a car because of a credit card that charged off. Thank you for taking questions. My situation is a complicated one. I traded my car in and the dealership called the CU to get the payoff. They gave them the payoff in which they received the …

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