A trended credit data report paints a more accurate picture of a borrower’s financial position by detailing their spending habits and ability to repay.
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. Technological improvements in recent years deliver functionality that dramatically improves loan origination efficiency, lowers overall processing costs, and supports well-informed lending decisions.
HOW TO SELECT THE BEST LOAN SOFTWARE FOR CREDIT UNIONS
Credit unions are gaining market share in the US auto lending sector, according to a December 2021 article published in …
HOW TO IMPROVE LENDING AND OPERATIONAL EFFICIENCY IN THE BANKING SECTOR
Though there was an uptick last year after a dramatic fall in 2020 due to the COVID pandemic, auto sales …
HOW NEW LENDING TECHNOLOGY IS RESHAPING THE LOAN ORIGINATION PROCESS
When any new technology becomes available, there are always advocates and detractors of its use. While innovative lending technology offers …
5 KEY FEATURES YOUR LOAN ORIGINATION PLATFORM MUST HAVE
Unprecedented technological advances in the last decade or so have driven efficiency in the auto industry. Design, prototyping, and manufacturing …
REVITALIZING YOUR END-TO-END LOAN SERVICE MANAGEMENT APPROACH TO AUTO LENDING
When the seventh annual Powersports Finance Summit takes place in October 2022, it will feature presentations, panels, and discussions regarding …
ELECTRIC VEHICLE LENDING: THE LIFESPAN OF THE VEHICLE VS THE LIFESPAN OF THE LOAN
The market for electric vehicles is at an all-time high, perhaps driven partly by high prices at the pump. According …
HOW LOAN ORIGINATION AUTOMATION TECHNOLOGY CAN IMPROVE AUTO LENDERS’ BOTTOM LINE
Automation has already made significant strides in the auto lending industry. But, lenders with outdated, stagnant loan origination systems are …
FULL TRANSPARENCY: ON END-TO-END | SIMILAR SUCCESSES
So far in this “Full Transparency | On End-to-End” series the defi Executive Leadership Team has provided their perspectives on …
