July 31, 2006


Comments

 
 
 
  • Serving the under served sub-prime member does create an additional level of risk and dealing with third party indirect auto loan originators even adds more risk. Why not mitigate the risk and eliminate the thrid party originator. Non-prime indirect auto lending, can be done by credit unions directly with the dealer. With proper training and complete control over the dealer relationship, you will be successful.
    Frank Mercer
     
     
     
 
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