Items Tagged with 'subprime'

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Underbanked Consumers: The Next Frontier?

Unchartered territory may yield exciting opportunities for CUs.
Bill Merrick
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The underbanked market shows promising revenue growth.
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The Promise and Peril of Subprime Lending

Embrace C-, D-, E-tier members—to grow loans and to serve a greater swath of members.
Bill Merrick
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CUs are ‘stabbing each other in the back’ with low-rate auto loans for top-tier members.
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Grow Your Subprime Lending with Confidence

There are ways to lessen the risks associated with subprime lending.
Al Olson
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The cornerstone of managing auto lending risk is protecting collateral.
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Subprime Auto Loan Market Holds Promise

But be careful and don’t stray too far from your current membership base.
Patrick Totty
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'To do it right, credit unions need to hire experienced people to work with them on entering the subprime market.'
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