TransUnion reports a 0.33% auto loan delinquency rate in second quarter.
Nearly three months after the NCUA was appointed the liquidating agent for Telesis Community Credit Union, the agency has been working behind the scenes to divest the cooperative’s roughly $4 million stake in Autoland Inc., an auto buying CUSO.
Total vehicle loan portfolio shows 2.1% year to date gain, says CUNA Mutual Group.
Some are calling it the strongest comeback to emerge from the dregs of the Great Recession. From the last year's drop in gasoline prices to a bevy of lures rolled out by manufacturers to woo shoppers, the auto industry is on track to post its highest volume since the year before...