NASHVILLE, Tenn. — The CU Water Cooler Symposium got under way on Thursday, including a thought-provoking session with Brent Dixon.
TransUnion reports a 0.33% auto loan delinquency rate in second quarter.
Credit reporting agency says 9% drop in past six months.
Credit bureau finds homeowners who receive mortgage modifications more faithful on other loans even if they later default on the mortgage.
The national auto loan delinquency rate has reached its lowest level since TransUnion began tracking the data in 1999.
The rate of homeowners behind on their mortgage has dropped to its lowest level in more than three years, according to TransUnion.
Payment data analysis by TransUnion, a national credit reporting bureau, demonstrates consumers’ shift in loan payment habits, making auto loans the first major bill that gets paid each month.
First mortgages were king, then credit cards, now auto loans are top consumer payment priority, TransUnion Says.
NAFCU has asked that the NCUA stop using material from financial advice guru Suze Orman after she launched a decoupled debit card program that could hurt credit unions.
Celebrity personal finance expert Suze Orman has launched a prepaid debit card that, if it becomes popular, could wind up costing credit unions significant amounts of money.