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Home » BECU reprices outstanding consumer loans yearly

BECU reprices outstanding consumer loans yearly

Auto Finance Summit 2023

Riley WolfbauerbyRiley Wolfbauer
November 7, 2023
in Risk Management
Reading Time: 2 mins read
1
BECU launches auto refi amid wider tech transformation

Courtesy of BECU

To improve customer loyalty, BECU automatically rescores and reprices outstanding consumer auto loans yearly if a consumer shows consistent payment history.   The Tukwila, Wash.-based credit union’s repricing program rewards consumers who stay current on their loan throughout the year by lowering the interest rate for the remainder of the term, Jayson Amandus, vice president […]

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