Auto lending

It’s no coincidence that with more than half of consumers ages 20 to 29 now holding credit cards — up from 41% in 2012 — 90-day delinquency rates are at a seven-year high, according to the New York Fed.

If credit unions hope to capture America's largest potential consumer base, they're going to have to do a better job of explaining their value proposition.

The Money Anxiety Index, a measure of consumer saving and spending habits, has started rising off a 50-year low. The economist who created it says that means another slump is nearing, and that banks should use the intel in pricing deposits and making other decisions.

Democratic lawmakers made clear at a hearing Wednesday that they do not intend to abandon the issue following the GOP's repeal of regulatory guidance last year.

The surge in originations during the first quarter more than offset a decline in demand for new leases.

The Boston company gained the mortgage platform when it bought First Choice in 2017.

The strong growth in commercial lending made up for more modest gains in credit card and auto lending, its two largest business lines.

Credit union share of the credit card market is at a record high but there are concerns that this debt could begin to sour if the economy turns.

Measures of loan performance were generally better than expected at Ally, American Express, Synchrony and Sallie Mae. Their 1Q reports suggest that consumers remain able to meet their obligations despite a long run-up in debt.

During the National Credit Union Collections Alliance conference, experts shared best practices on several topics, including navigating member bankruptcies and positioning auto loans for a downturn.