Items Tagged with 'subprime'

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CUs Cash in on Auto Credit Boom

CUs experience the biggest rise in auto loan marketshare.
CUs dive deeper into subprime auto loans.
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Underbanked Consumers: The Next Frontier?

Unchartered territory may yield exciting opportunities for CUs.
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.
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.
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.
'To do it right, credit unions need to hire experienced people to work with them on entering the subprime market.'
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Credit Union Magazine

Credit Union Magazine

October 2014

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