Special Report: Lending 2018

About midway through 2018, the drastic falloff in auto lending predicted by some auto lending industry analysts—dubbed “carmageddon” by some—hasn’t come to pass. Vehicle sales are still robust, reflecting a slower-than-expected rise in the U.S. prime rate. Even so, a “hold the line—everything’s fine,” attitude could be a strategic mistake.

Don’t take your auto loan portfolio growth for granted, especially if you depend on low-margin indirect lending volume. Credit Union Management asked a group of auto lending experts for ideas about how to position your auto lending program for success, whether or not a true market slowdown hits.