Risk is an inherent part of the auto lending industry. Initially, risk was almost exclusively associated with the criteria and…
3 KEY PROBLEMS WITH AUTO LENDING ANALYTICS AND HOW TO AVOID THEM
The auto lending process—applications through final payments—creates volumes of valuable applicant, borrower, process, and portfolio data for lenders. When auto…
WHAT LOAN MANAGEMENT SYSTEM CONFIGURATION DOES FOR YOU
How easily can you make modifications or customize your loan management system to meet current (and future) lending needs? It…
THE BENEFITS OF AUTOMATION FOR AUTO LOAN COMPLIANCE
Today’s robots and long-gone steam engines have something in common: Automation. The essence of automation is the replacement of a…
DIGITAL LOAN PROCESSING: WHAT’S IN IT FOR YOU
What’s in it for me? That’s a legitimate question for every lender to ask when evaluating the features, capabilities, and…
HOW TO REDUCE LENDING RISK WITH ALTERNATIVE CREDIT DATA
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…
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 INTEGRATED LENDING PROCESS SERVICES CAN IMPROVE YOUR LOAN PROGRAM
Whenever I fix something at home, I gather everything I’ll need to make it happen: tools, supplies, instructions—the lot. Sometimes…
