The news is good—auto lending delinquency rates are down to their lowest point, holding steady at roughly 1.51% between 2021…
WHY THE MANAGED SERVICING BPO VALUE PROPOSITION MATTERS MORE THAN EVER FOR AUTO LENDERS
A growing number of auto lenders are seriously evaluating managed servicing (business process outsourcing (BPO) services for lease and loan…
WHY OUTSOURCING THE COLLECTIONS PROCESS MAKES SENSE FOR AUTO LENDERS
How efficiently are you managing collections? Unlike the lease or loan origination process which is comparably quick and predictable, the…
MAKE YOUR AUTO LENDING PROCESS FLOW MORE SMOOTHLY: HOW MANAGED SERVICING CAN HELP BOOST EFFICIENCY
Compared to the lease or loan origination process, the servicing process is far more complex. It can last years, and…
HOW MANAGED SERVICING BPO EASES THE COLLECTION PROCESS FOR AUTO LENDERS
Approximately 90% of new retail auto sales are financed via a lease or loan, and at the moment, Americans owe…
COMPARING LOAN SERVICING VENDORS FOR VALUE AND CUSTOMER SATISFACTION
Lenders who are considering upgrading their loan servicing software typically go through the process of comparing the architecture, capabilities, and…
HOW INDIRECT AUTO LENDING FOR BANKS CAN BE EASIER
For a bank wanting to establish a lending relationship with local auto dealers, the capabilities of a modern lending solution…
HOW TO EFFECTIVELY MANAGE CAR LEASE OR LOAN MODIFICATION REQUESTS
Established auto lenders have weathered several instances of market turbulence over the decades. The pandemic is yet one more storm…
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