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THE BENEFITS OF CREDIT RISK MANAGEMENT AUTOMATION FOR LENDERS

The defi Team Automation, defi INSIGHT

For many lenders, credit risk management depends on years of experience. Their credit risk expertise is a mix of shrewd loan portfolio analysis and an innate intuition about borrower risk. While that may have worked in the past, credit risk management is shifting from human judgment to automated, data-driven lending decisions that assess credit risk far more accurately.

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HOW TO AUTOMATE AUTO LOAN STIPULATIONS TO IMPROVE LOAN PORTFOLIO

The defi Team Automation, defi INSIGHT

Automation is continually improving auto lending process efficiency, along with the quality and consistency of lending decisions. Replacing manual, mundane tasks and decisions with workflows and rules accelerates loan origination and enforces consistent decisions. Automation lets underwriters focus on activities that truly require their expertise.

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HOW MOBILE APPS IMPROVE YOUR DIRECT LENDING OPPORTUNITIES

The defi Team defi INSIGHT

J.D. Power’s 2018 U.S. Consumer Financing Satisfaction Study, cited in Automotive News, highlighted the value and benefit of easy-to-use mobile apps. The review, ratings, and awards organization said that mobile apps are one of the main factors influencing customer satisfaction with auto lenders.

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3 AUTO FINANCE ANALYTICS INNOVATIONS

The defi Team defi INSIGHT

Auto finance analytics are usually the domain of specialists schooled in the finer points of finance and advanced statistics. Some specialists learn SQL to expertly sift through volumes of lending data. With these talents, they uncover patterns hidden in portfolio terabytes, and discover subtle anomalies that hint of developing trends—and opportunities.