An Experian report shows credit unions are ahead of the pack when it comes to auto lending.
An Experian expert analyzes the latest statistics on auto lending.
Just about a year ago, I wrote in these pages that credit unions must have felt like they were riding a roller coaster with their auto lending programs. After all, their market share had gone up and down as the overall auto lending industry had several chaotic years.
If the folks who manage automotive lending at credit unions are feeling a little queasy these days, it’s with good reason. Watching their market share the past four years has been akin to spending a long weekend at an amusement park, going up and down on the world’s steepest and...