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Credit Union Journal, 2012-12, Vol.16 (48), p.28
2012

Details

Autor(en) / Beteiligte
Titel
Lenders Aggressive, But Won't Go To 'Crazy Area'
Ist Teil von
  • Credit Union Journal, 2012-12, Vol.16 (48), p.28
Ort / Verlag
New York: SyndiGate Media Inc
Erscheinungsjahr
2012
Link zum Volltext
Quelle
Nexis
Beschreibungen/Notizen
  • New car sales are coming back, but are credit unions getting their share in new auto loans? According to CUNA data they are, but attendees at the 2012 CUNA Lending Council Conference who spoke with Credit Union Journal weren't all so sure, with many saying the competition from the captive financing arms right now is too hard to fight. What may be causing some credit unions to say they are not seeing the increased new car lending activity is the fact many of their car loans are recaptures, offered Mike Long, chief credit officer at the $1.7-billion UW Credit Union in Madison, Wis. He said his CU's aggressive auto loan recapture program is contributing significantly to 40% year-over-year auto loan growth.
Sprache
Englisch
Identifikatoren
ISSN: 1521-5105
Titel-ID: cdi_proquest_reports_1221264026

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