The news is good—auto lending delinquency rates are down to their lowest point, holding steady at roughly 1.51% between 2021…
BEFORE YOU BUILD A LOAN ORIGINATION SYSTEM AUTOMATION—CONSIDER THIS
It’s easier than ever for prospective borrowers to apply for a lease or a loan. In fact, people no longer…
BUSINESS PROCESS OUTSOURCING: BEST PRACTICES AND GUIDANCE FOR AUTO LENDERS
Business process outsourcing (BPO) or managed service outsourcing as it’s also known is a popular option for auto lenders, and…
IS LEASE AND LOAN OUTSOURCING GOOD FOR AUTO LENDERS?
Auto lenders are always seeking ways to adapt, stay competitive, and reduce expenses. One way to do that is by…
TOP CALL CENTER OUTSOURCING BENEFITS FOR AUTO LENDERS
Call centers are a significant aspect of your business. As the centralized offices that help lenders interact with and support…
HOW PLATFORM OUTSOURCED MANAGED SERVICING PROVIDES ADVANTAGES FOR FINCOS AND OTHER AUTO LENDERS
Today, finance companies have to deal with a rapidly changing market, with challenges around compliance, costs, and customer retention. Keeping…
WHY THE MANAGED SERVICING BPO VALUE PROPOSITION MATTERS MORE THAN EVER FOR AUTO LENDERS
A growing number of auto lenders are seriously evaluating managed servicing (business process outsourcing (BPO) services for lease and loan…
YOUR CALL CENTER OUTSOURCING COMPARISON GUIDE FOR FINCOS AND AUTO LENDERS
Many fincos and lenders who specialize in the auto industry have realized that the management of a call center is…
WHY OUTSOURCING THE COLLECTIONS PROCESS MAKES SENSE FOR AUTO LENDERS
How efficiently are you managing collections? Unlike the lease or loan origination process which is comparably quick and predictable, the…
MAKE YOUR AUTO LENDING PROCESS FLOW MORE SMOOTHLY: HOW MANAGED SERVICING CAN HELP BOOST EFFICIENCY
Compared to the lease or loan origination process, the servicing process is far more complex. It can last years, and…
HOW MANAGED SERVICING BPO EASES THE COLLECTION PROCESS FOR AUTO LENDERS
Approximately 90% of new retail auto sales are financed via a lease or loan, and at the moment, Americans owe…
COMPARING LOAN SERVICING VENDORS FOR VALUE AND CUSTOMER SATISFACTION
Lenders who are considering upgrading their loan servicing software typically go through the process of comparing the architecture, capabilities, and…
