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Auto Loan Recapture Best Practices

Auto Loan Recapture Best Practices

We have all seen the studies. Most consumers are living from paycheck to paycheck. Since the Great Recession, the median income has fallen by 13% from 2004 levels, while expenditures have increased by nearly 14%. In another recent study, it was determined that nearly...
The Value of a Direct Auto Loan

The Value of a Direct Auto Loan

Overview Most institutions understand the need to grow organically and provide a stable membership base. Members that use a credit union as their Primary Financial Institution (PFI) generate dependable assets and deposits for planned future growth. Typically, the more...
The Indirect Auto Loan Opportunity

The Indirect Auto Loan Opportunity

Credit Unions have been helping members finance vehicles since they were first established. Over many decades CUs have grown their indirect auto loan portfolio with aggressive rates and technological upgrades through dealership financing relationships. Unfortunately,...
The Indirect Dilemma

The Indirect Dilemma

Indirect Auto Loans Have Created a Direct Dilemma   The indirect auto loan source has historically been a dilemma for bankers of financial institutions. The good news is that it provides a relatively steady source of loans. They increase the assets of an institution...