Electric vehicle (EV) lending is entering its next phase as demand stabilizes and lenders adjust to changing consumer preferences, incentive…
TOP AUTO LOAN RISK ASSESSMENT SOFTWARE CONSIDERATIONS
Auto lending risk behavior has shifted dramatically in recent years; borrower payment patterns fluctuate more quickly, collateral values depreciate more…
AUTO LOAN RISK MANAGEMENT FOR YOUR PORTFOLIO
There are many sources of risk in the auto lending space, including borrower fraud, inflated collateral values, and shifting credit…
HOW AUTO LENDERS MAXIMIZE DELINQUENT ACCOUNT RECOVERY
Delinquent account recovery is a serious financial drain for lenders. Mailing out late statements and hiring staff to call debtors…
AUTO LOAN COMPLIANCE: CHALLENGES & SOLUTIONS
Auto loan compliance is the line between protecting your institution and exposing it to serious risks. Regulatory fines for data…
DIGITAL LENDING BUSINESS MODELS THAT DRIVE SUCCESS IN 2025
Technology has redefined lending. Modern digital lending platforms allow financial institutions of every size the ability to move faster, cut…
TRUTH IN LENDING ACT FOR AUTO LOANS
Passed in 1968, the Truth in Lending Act encourages accuracy among consumer lenders by requiring they disclose certain terms when…
ON COMPLIANCE: CFPB REPORT ON STATE CONSUMER PRIVACY LAWS AND THE MONETIZATION OF CONSUMER FINANCIAL DATA
By Michael Gordan, defi SOLUTIONS VP, Compliance Subtlety is not the regulator’s friend. Nuance and attention to the particular details…
IS IT TIME TO UPGRADE YOUR AUTO LENDING PLATFORM?
If you can’t remember when your current auto lending platform was originally implemented, it’s probably time to consider an upgrade….
HOW TO IMPROVE INDIRECT AUTO LENDING FOR CREDIT UNIONS
Often, one of the biggest mistakes we see credit unions make in their indirect lending strategy is they try to…
CREDIT UNION STRATEGIC PLANNING IDEAS: 2025
This page delves into several key strategic planning ideas for credit unions. On the way, we provide a brief overview…
AUTO FINANCE INDUSTRY CHALLENGES & HOW TO OVERCOME THEM
Auto finance industry challenges are many, but lenders are taking steps to turn those challenges into opportunities. Lenders are adapting…
