Fiserv Inc. announced that 2012 was a record-setting year for its Automotive Loan Origination System, with more than 10.8 million loan applications and 3.7 million contracts processed through the company's auto lending platform.
Approximately two in three credit union executives see loan growth as the critical business issue facing their industry in 2013, according to a new survey from TransUnion. Auto loans may be the main focus of that growth.
The survey found that more than half of credit union respondents believe auto loans are their biggest opportunity.
Asset performance came in stronger for U.S. prime auto ABS while subprime auto loans reversed a seven-month trend of rising losses, according to the latest index results from Fitch Ratings.
Approximately two in three credit union executives see loan growth as the critical business issue facing their industry in 2013, according to a new survey from TransUnion. Auto loans may be the main focus of that growth.
Asset performance came in stronger for U.S. prime auto ABS while subprime auto loans reversed a seven-month trend of rising losses, according to the latest index results from Fitch Ratings.
