Lease portfolios represent one of the most operationally complex segments for lenders. As vehicles approach the end of the term,…
HOW THE AUTO LENDING SERVICE MODEL IS CHANGING FOR LENDERS
The auto lending service model encompasses all of the systems, processes, and workflows that lenders use to originate, underwrite, fund,…
POWERSPORT LENDING SYSTEMS AND SERVICING
The demand for ATVs, UTVs, motorcycles, snowmobiles, and personal watercraft continues to accelerate as consumers prioritize outdoor recreation and manufacturers…
HOW AUTO LOAN OUTSOURCING CAN BE COST-EFFECTIVE
In the past, in-house processing was the default strategy for managing auto loan servicing. But the modern lending environment demands…
A VEHICLE AUCTION & DISPOSITION FAQ FOR CREDIT UNIONS
For many credit unions, vehicle auctions detract from their core financial focus. The complex relationships between auction houses and transporters,…
5 LOAN SERVICING TRENDS TO WATCH IN 2025 & BEYOND
Loan servicing is a crucial aspect of the financial industry that involves managing and administering loans on behalf of lenders….
CREDIT UNION LENDING SYSTEMS: A SELECTION GUIDE
The sustained economic growth of recent months and an optimistic outlook presents credit unions with an opportunity and a challenge….
LEASE OR LOAN OUTSOURCING: 5 BENEFITS FOR LENDERS
In today’s evolving lending landscape, lenders encounter numerous challenges, including regulatory burdens, operational costs, resource constraints, scalability and flexibility needs,…
AUTO LOAN SERVICING FOR CREDIT UNION PORTFOLIOS
When you hire a third-party loan servicing company to go through each of these steps with you, your credit union…
5 LOAN SERVICING CHALLENGES IN THE MODERN MARKET 2023
Consumer finance companies have witnessed a significant shift towards end-to-end lending solutions, particularly accelerated by the COVID-19 pandemic. While the…
TOP LENDING TECHNOLOGY TRENDS FOR 2023 & BEYOND
The consumer lending sector has largely recovered from the pandemic, though COVID made a significant mark on the technology lenders…
ESSENTIAL MANAGED SERVICES: FINANCE AUTO LOANS THE EASY WAY
Outsourcing has become essential in just about every industry, and the auto finance sector is no exception. Managed services provides…
