Tenet Energy Proves Out Lender Network with Service Credit Union to Drive EV Adoption
Open Lending Partners with Securian Financial Group
COO of Origence Bob Child Talks About the Evolution of Auto Lending at GAC 2024
CU LIFT Fund’s Paul Rindone Announces Reseda Group Investment at GAC
Open Lending Reveals Winners of the Inaugural Economic Vehicle Accessibility Awards
Lending Enablement Solutions Create a Path to Auto Ownership for ITIN Holders, Open Lending Analysis Shows
Auto Link Further Enhances Integration with Auto Financial Group with a Borrower Facing Payment Calculator
The Average Amount Financed for New and Used Vehicles Decreased in Q3 2023, Demonstrating a Positive Sign for Automotive Shoppers
Experian report shows average monthly payments remain stable amid rising interest rates
Fitch Upgrades PenFed Auto Loan Securitizations Due to Strong Performance
PenFed Credit Union received notable upgrades to its inaugural prime auto loan securitization offering PenFed Auto Receivables Owner Trust 2022-A due to strong performance.
CUNA Releases June Auto Lending Report Featuring Recategorized Data
The June edition of CUNA’s Credit Union Auto Lending Monthly Report contains updated data from Equifax, which revised the historical data going back to 2005.
Credit Unions Amass Largest Share of the Automotive Finance Market in Five Years
Through the first three months of 2022, there were some shifts in the automotive finance market, most notably, significant growth for credit unions. According to Experian’s State of the Automotive Finance Market: Q1 2022 report, credit unions amassed 22.06% of the total automotive finance market, up from 18.55% a year prior.
7 Trends Continuing into 2022 for Credit Unions
Credit unions keep up on housing and mortgage lending, Gen Z and Millennials, branching trends and technology, employees and more to ensure relevance and stability.
Will Public Transportation Make a Comeback In 2021?
Given the fear of the COVID-19 pandemic, some who previously rode public transportation or used ride-sharing services, like Uber, are looking at car loans. Or will they as fears subside?
