The Benefits and Risks of Indirect Lending

According to an NCUA poll, approximately 84% of credit unions are involved in some sort of indirect lending. Another 8% are considering becoming involved. Indirect lending can expand your lending opportunities and give you a way to create member growth by reaching out to those individuals obtaining indirect loans who may reside in your credit union’s community. It can be a win-win situation for both you and the auto dealer or third party involved.

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