BLOGS

Passed in 1968, the Truth in Lending Act encourages accuracy among consumer lenders by requiring they disclose certain terms when offering a loan. Modern lending platforms can support an auto...

Information technology (IT) has transformed the way modern lending works. Fincos, banks, and credit unions have access to more lending solutions than ever thanks to the latest advances in technology....

The auto lending process typically spans multiple stages: application intake, document collection, credit decisioning, funding, and servicing. Each step involves...

In Q1 2025, total household debt in the U.S. rose by $167 billion—a 0.9% increase from the previous quarter—bringing the...

The loan origination process is often the first real test of a lender’s relationship with a customer. A clear, responsive,...

If you can’t remember when your current auto lending platform was originally implemented, it’s probably time to consider an upgrade. Technological improvements in recent years deliver functionality that dramatically improves...

Loan management has advanced significantly in the last five years. It used to involve juggling spreadsheets, printing statements, mailing notices,...

The vehicle leasing market is shifting into high gear. Globally, it’s projected to grow from $596.4 billion in 2025 to...

Often, one of the biggest mistakes we see credit unions make in their indirect lending strategy is they try to...

Credit union lending is on the rise. In Q1 2025, total loan balances reached $1.65 trillion—a 3.3% year-over-year increase across...

According to a recent Point Predictive report, fraud exposure in 2025 is estimated to be larger this year than it...

How would you describe your credit union’s loan origination process? Fast, easy, simple, and a competitive advantage? Or is it...