Forecast

Upcoming Obstacles to Prepare for in 2022

Auto Lenders, Buy-Here-Pay-Here Dealers, Forecast, GoldStar, News /

By Tanya Ferrero As many subprime customers face economic instability from the pandemic and economy, BHPH dealers must prepare for upcoming obstacles to maintain and grow their operations this year. Difficulties from last year continue to impact the labor force in 2022, including unemployment, underemployment, and illness. In addition, the recent halt in government assistance […]

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Used Auto Loans: The Now and the Future of CU Portfolios

Auto Loans, Credit Unions, Forecast /

Despite most analyst predictions of flattening auto sales for the foreseeable future, auto loans appear to remain a highlight in most credit union portfolios. Of particular interest to institutions financing used car loans is the average age of cars on the road setting a new high water mark of 11.6 years, per Credit Union National

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