Tapping into the Unsecured Personal Lending and Auto Refinance Opportunities
There are two lending spaces that tend to be underappreciated by many financial institutions: unsecured consumer lending and auto refinancing.Jay Fee, Vice President of Consumer Banking at PenFed Credit Union, has considerable experience with both. He joins the show to discuss the mechanics of unsecured consumer lending and auto refinancing, and why financial institutions should make the most of these opportunities.We discuss:The history of the unsecured consumer lending and auto refi spaceHow lenders and fintechs can create symbiotic relationshipsWhy auto refi is an excellent untapped opportunityHow fintechs can help lenders seize the opportunity To hear more from Leaders in Lending, check us out on Apple Podcasts, Spotify, or on our website.Listening on a desktop & can’t see the links? Just search for Leaders in Lending on your favorite podcast player.