Pre-owned vehicles for sale. Pre-owned vehicles for sale. (Source: Shutterstock)

The pandemic put a dent in credit union auto lending in 2020, and North Carolina’s State Employees’ Credit Union was no exception.

Mark Coburn, SECU’s SVP for lending development, said a minority of workers lost their jobs and couldn’t afford to borrow. Many of the rest began working from home, allowing them to postpone buying a newer car.

Jim DuPlessis

A journalist for decades.

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