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CU 2.0 Podcast: Earnix's Will Ely on How to Succeed at Auto Lending Today
June 17, 2024
- Banca
Will Ely, solutions architect at Earnix, joins CU 2.0 Podcast host Robert McGarvey to discuss the current state of auto lending and how to succeed.
Credit unions' share of auto loans fell sharply in 2023, down almost 5% from 2022 according to Experian. Does this point to a grim future for credit unions when it comes to financing cars? According to Will, data is king and pricing analytics is the key to credit unions unlocking more and better loans.
Will and Robert also discuss why some credit unions have pulled away from indirect auto lending and why super prime borrowers aren’t always the best for a credit union.
Listen to the podcast here.
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