There are ways to lessen the risks associated with subprime lending.
November 25, 2012
The cornerstone of managing auto lending risk is protecting collateral.Read More
But be careful and don’t stray too far from your current membership base.
November 23, 2012
'To do it right, credit unions need to hire experienced people to work with them on entering the subprime market.'Read More
Protecting collateral is critical for maintaining a healthy auto loan portfolio.
June 8, 2011
CPI helps Meritrust CU protect its collateral without affecting the entire membership.Read More
The rise in uninsured motorists endangers collateral.
October 15, 2010
The stalled U.S. economy has not only aggravated the downturn in credit union new vehicle loans, it has put the industry's portfolio of current auto loans at greater risk.Read More