Subprime borrowers are partially to blame for a year over year fall in average balances.
Callahan & Associates shares details on how credit unions are capturing loans and members.
Survey reveals only 30% of consumers comparison-shop for auto and mortgage loans.
The latest lending news.
MAFCU will offer members auto loan solutions plus pilot-test Rate Reset's new credit card platform.
Young consumers lag behind Gen X in credit card openings but beat them in auto and student loans.
New auto loan balances grew at a seasonally-adjusted annualized rate of 23.7% in April.
Numbers strong in auto loans and membership growth as well, CUNA Mutual Group reports.
2014 stands out for U.S. consumers carrying the largest amount of auto loan balances ever at $886 billion.
New car loans and leases are growing, but credit unions are also keeping an eye on rising auto loan delinquencies.