Delinquent account recovery is a serious financial drain for lenders. Mailing out late statements and hiring staff to call debtors daily is an incredibly expensive process. In some cases, lenders may spend more on account recovery than they’ll get from their borrowers after they pay off the outstanding balance.
ELECTRIC VEHICLE LENDING: 2025 GUIDE FOR LENDERS
The market for electric vehicles (EVs) is at an all-time high. According to market research firm Rho Motion, worldwide EV …
ELECTRIC VEHICLE LENDING VS. GAS: WHAT TO KNOW AND WHY IT’S IMPORTANT
Sales of electric and hybrid light-duty vehicles in the United States nearly doubled between 2020 and 2021 to over 600 …
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The quickly growing market for sustainable personal transportation is also driving more electric vehicle lending. According to a report by …
ELECTRIC VEHICLE LENDING MARKET: FINDING SUSTAINABLE SOLUTIONS
The ground is shifting under the auto lending market as it looks at how to incorporate electric vehicles into its …





