When it comes to buying a new car, baby boomers may have an edge over the potential buying power of the much sought-after Generation Y.
More loans. It’s the battle cry of almost every credit union in America, if not all of them.
The credit union industry continues to focus on two generations that have little lending potential: boomers and Gen Y.
Retirement plans and paying off the mortgage have traditionally gone hand-in-hand as people approaching retirement anticipate eliminating a payment that typically claims the largest single chunk out of the monthly budget.