Home Loans Credit Unions: High LTVs a challenge for refinancing external auto loans 

Credit Unions: High LTVs a challenge for refinancing external auto loans 

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Credit Unions: High LTVs a challenge for refinancing external auto loans 


Higher loan-to-value ratios are exceeding thresholds for some credit unions, making it challenging to refinance auto loans from other lenders.  For Baton Rouge, La.-based Neighbors Federal Credit Union, refinancing an internal loan that has negative equity is not a concern, since refinancing in these cases can improve a member’s financial position and lower default risk, […]



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