Credit Union Pilot Aims at Subprime Business

Author: Jim Henry, Automotive News


Many credit unions still shy away from subprime auto loans. But a national trade group is trying to remedy that with a pilot program involving 14 credit unions interested in starting up or increasing subprime auto loan penetration. Jim Henry of Automotive News talks with Mark Lynch, field coach for the National Credit Union Foundation’s Real Solutions program, about the program aimed at serving as a model for other credit unions to follow.

CONTINUE READING