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Fraud duo stole $ 1.7 million in loans for cars that didn’t exist | Credit Union Times

Source: Shutterstock. Two men were convicted last week for their roles in a fraud conspiracy ring in which $ 1.7 million in car loans was stolen from five credit unions and a bank for cars that didn't exist. Judge Leigh Martin May of the Atlanta, Georgia district court, sentenced Michael Miller, 58, of Sandy Springs, Georgia, to two years in prison, released under supervision for five years. He was also ordered to pay $ 316,826 in restitution. Judge May also sentenced Melvin Goode Wentt, 59, of Brooklyn, NY, to two years and ten months in prison, released under supervision for…

Definition of the credit union (SECU) of state employees

What is the Credit Union (SECU) of the State Employees? The term State Employees' Credit Union (SECU) refers to one non-profit organisation financial institution owned by employees of the State of North Carolina. Founded in 1937, the SECU is one of the largest credit unions in the United States by asset size and membership. The main purpose of the credit union is to provide affordable financial services to its members, including checking and saving accounts, loans, mortgages and investment savings vehicles. How the State Employees' Credit Union (SECU) works Employees of the state of North Carolina founded the SECU in…

True or False? Canceling a credit card hurts your credit

Will canceling a credit card hurt my credit score? Money Mortgages Insurance Credit cards and credit cards Loans Investing and banking Shopping Subscribe this link points to an external site that may or may not meet accessibility guidelines.

HSBC Gold Credit Card Review

Complete overview of HSBC Gold Credit Card Benefits 18 months 0% APR offer Low costs Cons No rewards High transfer fees Benefits explained 18 months 0% APR offer: This card offers an introductory period of 18 months 0% APR on purchases and balance transfersAny balance transfers must be posted within the first 60 days of account opening. While it's possible to find cards that offer longer introductory periods on balance, such as the US Bank Visa Platinum card, this card still beats the one-year norm for most 0% APR offers. Additionally, many such offers have significantly shorter 0% introductory times…

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