Lease and loan servicing volumes are up. The reasons? Questions about loan forbearance. Increase in requests for lease and loan …
AUTO LOAN FRAUDS: TIPS FOR IDENTIFICATION AND PREVENTION
With technology growing and evolving by the second, fraud is more prevalent than ever. In its July 2020 white paper, …
LENDING RISK ANALYSIS DURING A FINANCIAL CRISIS: WHY TECHNOLOGY IS ESSENTIAL
Lending risk analysis is more important than ever, with lenders walking a fine line between accepting new lease or loan …
HOW TO EFFECTIVELY MANAGE CAR LEASE OR LOAN MODIFICATION REQUESTS
Established auto lenders have weathered several instances of market turbulence over the decades. The pandemic is yet one more storm …
DIGITAL LENDING SOFTWARE FEATURES THAT PROVIDE A SUPERIOR ONLINE EXPERIENCE
According to a recent survey from Cox Automotive, 83% of consumers want to perform at least one or more steps …
HOW A LOAN SERVICING APP CAN REDUCE YOUR WORKLOAD AND BOOST BORROWER SATISFACTION
Many lenders are receiving an overwhelming number of loan servicing requests in recent months—but why? The impact of COVID-19 plays …
HOW ADVANCED CREDIT RISK MANAGEMENT TECHNOLOGY BOOSTS APPROVAL RATES
Regardless of economic climate, risk management remains an important factor for lenders to consider during the approval process. Its importance …
HOW NO-CONTACT LOAN OR LEASE ORIGINATIONS CAN HELP GROW YOUR PORTFOLIO
If you’ve ever considered the importance of mobile lending technologies but haven’t acted on it, recent events should be moving …
ACCELERATE THE CAR-BUYING JOURNEY WITH LOAN OR LEASE ORIGINATION
In a world where the car-buying journey has become increasingly digital, lenders and dealers must adapt to attract motivated buyers …
AUTO FINANCING ONLINE: 5 CAPABILITIES YOUR SOFTWARE SOLUTIONS SHOULD PROVIDE
The ability to handle auto financing online is one of the past decade’s greatest innovations for lenders. Gone are the …
