Consumer loan fraud jumps 419% at credit unions in last decade
Credit unions encounter consumer loan fraud at a much greater rate than other lenders, as all lenders look for solutions ...
Tag: credit union
Valley Strong Credit Union vets dealer fraud as it looks to expand
Valley Strong Credit Union is vetting dealers based on deal quality and fraud risk as it looks to expand its ...
Captive total auto finance share surpasses 30%
Captives continued to hold the largest share of the overall auto finance market in the second quarter, driven by incentives, ...
Space Coast CU bullish on auto despite market slowdown
Space Coast Credit Union is prioritizing auto lending despite an overall slowdown in finance volume in the market and increased ...
CUs look to retain staff amid automation boom
Lenders are working to balance staff retention with automation as the industry embraces an increased reliance on automated processes and ...
Dealers prioritize lenders that invest in underwriting tech
SAN DIEGO — Dealers are consolidating the number of lenders they work with and prioritizing lenders who invest in underwriting ...
Credit unions revise underwriting, tap tech
SAN DIEGO — Some credit unions plan to rework underwriting standards and tap into technology to support financing volume growth ...
Banks regain lead in used market with 28% of loans
Banks regained their position as the leading lender type for used vehicles in the first quarter of 2024 while captives ...
