Trends In Automated Decisioning For Consumer Lending

Callahan & Associates surveyed 333 credit unions to learn about automated decisioning practices in the consumer lending portfolio. Read about the results in this interactive article.

Liz Furman

The credit union loan portfolio has expanded 45.8% in the past 5 years. To serve members more efficiently, credit unions are trying new strategies.

Anecdotally, Callahan & Associates has observed an uptick in the use of automated decisioning for the consumer loan portfolio.

Additionally, Callahan clients have requested more information on the automated decisioning activities of other credit unions in this area of business.

Read on for insights from the survey. Use the interactive features below to dig deeper into different asset-based ranges.

October 1, 2022

Daily Dose Of Industry Insights

Stay informed, inspired, and connected with the latest trends and best practices in the credit union industry by subscribing to the free CreditUnions.com newsletter.