Lending is an art
An excerpt from More Passion for Lending written by A. Rex Johnson: Lending is an art. Never forget that. Lending is not engineering. It is not learned by mastering formulas. It is not well [...]
An excerpt from More Passion for Lending written by A. Rex Johnson: Lending is an art. Never forget that. Lending is not engineering. It is not learned by mastering formulas. It is not well [...]
Inflation has hit a number of consumers and has subsequently hit your members hard. Credit card debt has increased. Rent has increased. Daycare has increased. Grocery costs have increased. And in a rising rate environment, [...]
In a time of unprecedented inflation, it is critical for lenders, interviewers, and loan officers to identify a problem before anyone else, especially before your members. The art of interviewing and subsequent strong loan decisions [...]
With many credit unions facing liquidity woes, they are left with having to pay for much needed money to lend. As a result, the significance of yield on loans has never been more critical. How [...]