Credit union leaders say they already consider FICO's changes when underwriting loans for members.
Will the new change in the way credit scores are calculated result in a loan growth boost for credit unions?
At $25 billion, credit unions ahead of finance companies in year-over-year quarterly loan volume.
While all asset classes are now reporting loan growth, disparity exists between large and small credit unions, CUNA Mutual says.
Read about new hires, promotions, retirements and board election results in the credit union industry.
Vehicles predating 2001 made up more than 28.3 of all vehicles on the road during 1Q2014.
Car loans with seven-year terms are becoming more of the norm as consumers yearn for lower monthly payments.
Seven-year terms becoming more of the norm and leasing also at new high.
Experian report says customers of finance companies driving hike, while total dollar volume in auto lending at record high.
Americans lack critical knowledge about their personal finances, according to survey results released on April 1 as National Financial Literacy Month got underway.