Cars, boats, jet skis, snowmobiles, and other personal vehicles are often financed with consumer asset finance. The loan terms can …
CREDIT UNION STRATEGIC PLANNING IDEAS: 2025
This page delves into several key strategic planning ideas for credit unions. On the way, we provide a brief overview …
HOW TO IMPROVE CREDIT UNION MEMBER EXPERIENCE
Credit union member experience directly impacts customer satisfaction, loyalty, and overall growth. As member-owned institutions, credit unions rely on strong …
LOAN APPLICATION PROCESS IMPROVEMENT IDEAS
To increase efficiency, reduce costs, and meet borrower expectations, lenders should implement strategies for loan application process improvement. By leveraging …
HOW TO IMPROVE UNDERWRITING RISK ASSESSMENT
According to the Mortgage Bankers Association, mortgage delinquencies increased for all loans in 2024 compared to 2023. The delinquency rate …
CREDIT UNION LOAN GROWTH TRENDS AND STATISTICS FOR 2025
The last five years have seen drastic highs and lows in a short period, resulting in one of the most …
ELECTRIC VEHICLE LENDING: 2025 GUIDE FOR LENDERS
The market for electric vehicles (EVs) is at an all-time high. According to market research firm Rho Motion, worldwide EV …
IMPROVE LOAN ORIGINATION EXPERIENCE WITH 8 EXPERT TIPS
A positive customer experience during the loan origination process is essential. First, it affects customer satisfaction and loyalty. A smooth, …
LOAN ORIGINATION AND AI: HOW AI IS CHANGING LENDING
Artificial intelligence (AI) is revolutionizing financial services by improving efficiency, accuracy, and personalization. AI allows financial institutions to mitigate risks …
AUTO FINANCE INDUSTRY CHALLENGES & HOW TO OVERCOME THEM
Auto finance industry challenges are many, but lenders are taking steps to turn those challenges into opportunities. Lenders are adapting …
