Navigating the Auto Lending Landscape: Credit Union Outlook for 2023
Keishawn Batts
Head of Auto Lending Capital, Upstart
Read the full 2023 Credit Union Auto Lending Outlook Report to find out how your credit union measures up against others’ areas of focus. Discover through our discussion with technology and industry experts the seven traits that digitally-advanced organizations are adopting.
Despite a challenging economic environment characterized by rising rates, inflation and supply chain issues, credit unions had a record-breaking year of growth in 2022. Looking ahead in 2023, over 50 credit union executives were surveyed to assess their outlook for both auto refinance and indirect auto lending, including their growth strategy and current pain points. The survey respondents expressed an optimistic outlook for 2023, with more than half of respondents planning to increase auto lending market share in 2023.
This recording will cover:
The current stateof the automotive lending industry
Top credit union pain points in auto refinance and indirect lending
Opportunities for process improvements and how credit unions can continue to serve their members
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