How to Manage Credit Risk With the Right Data

Banks and credit unions want and need to bring in more loans, and they must be able to say ‘yes’ to as many leads as possible. But things...


Make Proactive Credit Risk Management the Path to ‘Yes’

The combination of rising unemployment, deferred payment programs coming to an end and Congress failing to reach a stimulus deal is creating the...


Risk Mitigation, Not Removal, is the Goal in Auto Lending


Mitigate Auto Loan Risk in the New Normal

As the US moves forward in our ‘new normal,’ so are credit unions. Given that we haven’t been through a pandemic in more than a hundred years,...


Opportunities Abound for Credit Union and Banks During Tough Economies

The unthinkable happened this year. The coronavirus put booming economies on their ear, and we are adjusting to the new normal. How do we do our...


4 Steps to Lending Risk Management in the Times of Coronavirus

All businesses right now are taking a step back to evaluate their strategies and models as we deal with the comprehensive impact of coronavirus,...


Diversify Liquidity to Keep Making Loans

I saw many credit union friends earlier this week at NAFCU’s Congressional Caucus, of which we are a Preferred Partner, and had the...


Rev Up Your Auto Loan Portfolio Profitability

Consumers’ credit scores are critical to making safe, profitable loans that benefit your credit union and its members, but they are not the only...


Mitigating Risks of Nonprime Lending

Credit unions face a multitude of challenges in lending, from new competitors to the current rising rate environment. Venturing into nonprime auto...