Can credit unions take you to court?

Answer If you are delinquent on an account, a credit union--or any creditor, for that matter-- does have the option to take you to court. You are more likely to be taken to court if there is no co-signer ... Read More »

Top Q&A For: Can credit unions take you to court

What Is the Difference Between Regular Credit Unions & Federally Backed Credit Unions?

Credit unions are chartered by either state governments or the federal government. When people refer to a "regular" credit union, it is generally a state-chartered institution and does not have the... Read More »

Can a credit card company take you to court?

According to Thistle Finance Group, a credit card company has the legal right to take you to court if you've failed to keep up with payments and ignored warning letters. Chances of this happening ... Read More »

Who oversees credit unions?

The National Credit Union Administration (NCUA) is the federal agency that oversees federal credit unions. A three-member board appointed by the President of the United States and confirmed by the ... Read More »

Are credit unions safe?

On One Hand: Just as SafeCredit unions are as safe as any bank, according to Gerri Willis, host of CNN's "Your Bottom Line." Like bank accounts, credit union accounts are federally insured, only by... Read More »