Webinar Event

Lower Credit Score Auto Loans - Good for Members, Good for the Bottom Line webinar

03.29.2016 - 03.29.2016 (lending)

1:00-2:30 PM CDT Online via Adobe Connect

Serve members with lower credit scores without putting your credit union at risk. According to Credit Karma, the average credit score for Americans aged between 18 and 44 is 630. However, the vast majority of credit unions approve very few auto loans for members with a score less than 630. In fact, credit unions only have 5% of this market and are missing enormous lending opportunities.

In this session, Mark Lynch uses his experience working on the National Credit Union Foundation’s REAL Solutions Program to:

  • Examine what is the non-prime auto lending market and why lending to this market makes sense for credit unions
  • Illustrate how credit unions can take seven steps to ensure that non-prime auto lending can be done in a way that is good for the member, does not place the credit union at risk, and is very good for the bottom line
  • Highlight credit unions that are successfully doing this type of lending

You will also receive the following resources:

  • Non-prime Auto Loan Feasibility Guide (Research Report)
  • Non-prime Auto Loan Implementation Guide (Implementation Tool Kit)

CUNA Lending CouncilThis event is produced by the CUNA Center for Professional Development and endorsed by the CUNA Lending Council.

Who Should Attend

This webinar is beneficial for credit union lenders, management and others interested in serving members with lower credit scores. Affiliation with CUNA/League is required for attendance.


More Information  

 

March

Cross Council Event Schedule

Date Discipline Title Type Tuition  
 
03.01.2016
CFO
 

Thomson Reuters Tools and How to Use Them

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03.02.2016
LENDING
 

Loan Reaffirmations in Chapter 7 Bankruptcy webinar

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03.16.2016
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Creditors D-I-Y Guide to Bankruptcy Proofs of Claim webinar

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03.24.2016
O & ME
 

From Manager to Coach: Building a Sustainable Coaching Culture

ROUNDTABLEFree for Council membersRegister
 
 
03.24.2016
HR & OD
 

From Manager to Coach: Building a Sustainable Coaching Culture

ROUNDTABLEFree for Council membersRegister
 
 
03.29.2016
LENDING
 

Lower Credit Score Auto Loans - Good for Members, Good for the Bottom Line webinar

WEBINAR$219, Council members get 10% offMore Info
 
03.30.2016
LENDING
 

Lenders, Third Party Vendors and BSA Compliance webinar

WEBINAR$219, Council members get 10% offMore Info