Auto lending risk behavior has shifted dramatically in recent years; borrower payment patterns fluctuate more quickly, collateral values depreciate more…
AUTO LOAN RISK MANAGEMENT FOR YOUR PORTFOLIO
There are many sources of risk in the auto lending space, including borrower fraud, inflated collateral values, and shifting credit…
PREVENTING AUTO LOAN APPLICATION FRAUD
A borrower’s income is a powerful indicator of their ability to repay a loan; if the reported income is inflated…
TRUTH IN LENDING ACT FOR AUTO LOANS
Passed in 1968, the Truth in Lending Act encourages accuracy among consumer lenders by requiring they disclose certain terms when…
LENDING RISK ANALYSIS: KEY CONSIDERATIONS
In Q1 2025, total household debt in the U.S. rose by $167 billion—a 0.9% increase from the previous quarter—bringing the…
IS IT TIME TO UPGRADE YOUR AUTO LENDING PLATFORM?
If you can’t remember when your current auto lending platform was originally implemented, it’s probably time to consider an upgrade….
HOW TO IMPROVE INDIRECT AUTO LENDING FOR CREDIT UNIONS
Often, one of the biggest mistakes we see credit unions make in their indirect lending strategy is they try to…
LOAN APPLICATION FRAUD DETECTION BEST PRACTICES
According to a recent Point Predictive report, fraud exposure in 2025 is estimated to be larger this year than it…
CREDIT UNION STRATEGIC PLANNING IDEAS: 2025
This page delves into several key strategic planning ideas for credit unions. On the way, we provide a brief overview…
HOW TO IMPROVE UNDERWRITING RISK ASSESSMENT
According to the Mortgage Bankers Association, mortgage delinquencies increased for all loans in 2024 compared to 2023. The delinquency rate…
HOW TO RESPOND TO CAR LOAN DELINQUENCY RATES IN 2025
Car loan delinquency rates are rising. Account delinquency rates of auto loans 60+ days past due (DPD) rose six basis…
AUTO FINANCE INDUSTRY CHALLENGES & HOW TO OVERCOME THEM
Auto finance industry challenges are many, but lenders are taking steps to turn those challenges into opportunities. Lenders are adapting…
