Experian Automotive says subprime lending helping to drive financing to record share of consumer choice.
During the first six months of 2013, Enterprise Car Sales said it generated $224 million in loan volume to more than 12,000 credit union members.
According to the J.D. Power 2013 U.S. Dealer Financing Satisfaction Study, Security Service Federal Credit Union is ranked fifth among prime retail credit lenders in the country.
Texas-based Security Service earns plaudits from J.D. Power.
National delinquency rate at 0.8% in second quarter, credit bureau says.
Four more credit unions have signed on with GrooveCar Inc., an auto services provider.
Second quarter repos drop almost 15%, credit bureau says.
This Opinion piece looks at how advanced Web and mobile payment tools are needed to meet growing, changing consumer demand.
Through a new agreement with a loan processing provider, Interra CU has opened the door for future growth.
Colorado credit union buys into auto lending CUSO after more than 10 year relationship.