Credit Union National Association | Auto Finance News | Auto Finance News

2019 Crystal Ball: Competition, Direct Lending, and Customer Experience

According to the Credit Union National Association (CUNA), “69% of credit union auto loans originate through the indirect channel, and only 5% of those indirect members use additional credit union products.” Once the indirect loan has been paid off, it is challenging for the lender to extend the customer relationship. Any future engagement is with […]

Trump Elected: Effects on CFPB, Dodd-Frank Unknown, For Now

Republican Donald J. Trump pulled out the election yesterday, becoming the nation’s 45th president, but the fate of the Consumer Financial Protection Bureau, including Director Richard Cordray and the Dodd-Frank Act, remain unknown — for now. President Trump has said he wants to repeal much of Dodd-Frank, but has provided scant details of the regulatory […]