Illustrated graphic of maney and coins with an upwards arrow, loosely representing auto loan servicing for credit union portfolios

IS IT TIME TO UPGRADE YOUR AUTO LENDING PLATFORM?

The defi Team defi INSIGHT, Originations

If you can’t remember when your current auto lending platform was originally implemented, it’s probably time to consider an upgrade. Technological improvements in recent years deliver functionality that dramatically improves loan origination efficiency, lowers overall processing costs, and supports well-informed lending decisions.

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AUTO FINANCE INDUSTRY TRENDS 2023

The defi Team defi INSIGHT, Originations

Today’s lending market looks very different than it did even just a handful of years ago. More customers are checking auto prices and lending rates online to find the financing companies that offer the best deals. The result: An ultra-transparent and aggressively competitive market.