U.S. News and World Report succinctly contrasts the pros and cons of buying new vs. used cars. In today’s auto …
AUTO FINANCE TECHNOLOGY FOR RIDESHARE SUBSCRIPTIONS
Four growing trends, driven by technology and millennial usage and behavior, are depressing vehicle ownership, and, consequently, auto financing. Uber …
HOW IMPROVED FRAUD RECOGNITION REDUCES DELINQUENCIES AND DEFAULTS
Delinquency and default rates remain relatively stable, according to a recent Experian report. While that may be comforting news, it’s …
CLOUD LOAN SOFTWARE, AWS, AND SAAS: LOS MUST-HAVES
If your loan origination software (LOS) runs on servers located in your facility, annual licensing and maintenance costs are increasing, …
AUTO LOAN STRAW BUYERS AND OTHER FRAUDSTERS
The most painful way to learn about auto loan straw buyers is to become their fraud victim. According to PointPredictive, …
IT’S EASY TO MISREPRESENT INFORMATION ON AUTO LOAN APPLICATIONS
What percentage of the auto loan applications you received this month intentionally misrepresented information about the borrower, vehicle, or dealer? …
THE RISE OF FRAUD AND MISREPRESENTATION IN AUTO LOAN ORIGINATION
While fraud has always been a problem with auto loans, technology is making it easier to get a steal of …
HOW TO FIGHT AUTO LENDING FRAUD
Anti-theft technology has reduced the incidence of traditional auto theft. So thieves have shifted to auto lending fraud. If you …
IT’S TIME TO TRADE EXCEL & ACCESS FOR INTEGRATED AUTO LOAN ANALYTICS
If you’re a lender with a legacy auto lending solution, you likely know you should upgrade to one with integrated …
AUTO LENDING EFFICIENCY AND PROFITABILITY TIPS
The rise of big data is transforming how organizations plan, manage, and evaluate their businesses. Auto lending is no different. …
OPTIMIZE YOUR UNDERWRITING PROCESSES WITH AUTO LENDING ANALYTICS
Only a fraction of banks, credit unions, and fincos use the full power of auto lending analytics to their advantage. …
ACCELERATE AUTO LOAN ORIGINATION BY REPLACING PAPER WITH DIGITAL
Advances in fintech bring ever-greater efficiency to the auto purchasing experience. Cloud, mobile, and the wealth of automotive information available …
