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Ride-hailing services and public transit were gaining ground until the pandemic struck, but the outbreak has quickly and radically changed how consumers think about buying cars.July 2
PresidentCredit Union Leasing of America -
With prices rising rapidly and loan terms increasing, some institutions may want to consider adding a leasing option to their auto loan portfolio.March 6
PresidentCredit Union Leasing of America
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Slowing sales, decreasing market share and other factors could make it harder for credit unions to grow one of the industry's biggest products in the year ahead.January 31
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Credit unions have been heavily focused on millennials but serving older consumers is just as important. Vehicle leasing is one way to reach both demographics.October 18
PresidentCredit Union Leasing of America
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The industry faces additional risks when members take out auto loans and then list their new vehicles on apps for others to rent.August 7
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The agreement is expected to solidify a lending partnership whose status had been in doubt for more than a year. But it raised as many questions as it answered.July 1
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Two economists speaking during CU Direct's recent Drive conference in Las Vegas offered predictions on how a variety of economic factors could impact credit union auto lending portfolios in the not-too-distant future.May 20
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The first day of CU Direct's annual Drive conference included insights from dealers, executives at online car-buying platforms and more.May 16
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Until now, Toyota Financial Services has offered banking services to its dealers. But as it builds its digital bank, that will soon change, according to its newly appointed chief information officer.March 8
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More than 137,000 credit union members will now have access to the online car-buying program.July 30
