1st Community FCU has participated in credit challenged automobile
lending since September 2002. We currently have $23 million in the
loan program.
George Sweet
Executive Vice President Lending
By providing financial institutions a way to confidently approve
borderline loans, lenders now have a powerful way to expand
their loan portfolios while minimizing exposure.
Steve Martin
Former Director Of LP for CUNA Mutual
Lenders Protection is a risk management program with default insurance coverage allowing approval for near/non prime automobile loans. Lenders Protection allows credit unions to customize their specific credit union costs and desired ROA while utilizing the Lenders Protection pricing engine.
