What degree of lending risk are you willing to tolerate? You probably ask yourself this daily. Your answer varies with …
2018 AUTO LOAN DEFAULT STATISTICS: KEEPING THE REAL HORSEPOWER IN YOUR PORTFOLIO
Hybrid cars don’t use any gas going downhill, so their drivers often coast as long as possible, increasing their overall …
HOW AUTO DECISIONING IMPACTS LENDING PRACTICES
How will the second half of 2018 play out for auto lenders? Will tariffs, trade wars, higher gas prices, rising …
HOW TO MEET THE CHALLENGES OF AUTO LOAN COMPLIANCE
Lenders are either compliant, or they’re not. Achieving compliance is a much easier option considering what happens to a non-compliant …
ALTERNATIVE CREDIT DATA CREATES NEW LENDING OPPORTUNITIES
The true value of gathering and storing data from an ever-increasing number of sources is our ability to gain insight …
YOUR LOAN MANAGEMENT SOFTWARE SHOULD BE CLOUD-BASED. HERE’S WHY.
Cloud computing has been around for more than a decade. It has changed the way that software is developed, delivered, …
WHY YOU NEED A DIGITAL LENDING PROCESS
If you haven’t updated your legacy lending system in a while, or are looking for something better, you’re in the …
HOW TO CHOOSE THE BEST LOAN ORIGINATION SYSTEM VENDOR FOR YOUR BUSINESS
Pretend your current loan origination system is an automobile. How would you describe it— antique, clunker, ready for recycling, gas …
THE ADVANTAGES OF AN AUTOMATED LOAN PROCESSING SYSTEM
Modern society depends on automation. Automated assembly lines have largely replaced humans throughout the manufacturing process. Amazon warehouses benefit from …
AUTO FINANCE NEWS THAT WILL SHAPE LOAN PROCESSING 2018-2019
2018’s big auto finance news is that the US House and Senate voted to repeal the CFPB decree on auto-loan …
