In first quarter 2012, credit unions had 16.7% market share compared to 15.5% for finance companies, 10.7% at buy here/pay here lots.
Much of the first-quarter improvement was fueled by lower delinquency rates and stronger consumer spending.
San Antonio credit union partners with five schools to offer classes, cash awards.
Vehicle loan portfolio expansion continues to be the driving force behind credit union loan growth, CUNA Mutual Group says.
Integration will result in global SaaS decisioning, risk- and cost-control customer acquisition process, company says.
More dealership alliances, better marketing, lower rates or a combination of all three?
Thanks to increasing competion among data analytic firms, more consumers than ever before will have credit scores.
When it comes to underwriting consumer loans, some community development credit unions have found success by looking at other factors besides credit scores.
Experian providing online tool to help SBA-backed businesses better manage their business relationships quickly and easily, according to Experian.
Average loan terms for a new vehicle jumped to an all-time high of 65 months, up from 63 months in Q4 2011.