How do you effectively reduce credit risk? Some lenders use manual risk assessment tools, portfolio management spreadsheets, and even good …
THREE UNANTICIPATED AUTO LENDING TRENDS IN 2020
In late 2019 many industry publications highlighted the expected auto lending trends for 2020 anticipated by J.D. Powers, Fitch, and …
THE RIGHT SOFTWARE CAN SIMPLIFY THE LOAN ORIGINATION PROCESS FOR CREDIT UNIONS
How would you describe your loan origination process? Fast, easy, simple, competitive advantage? Or is it slow, cumbersome, confusing, and …
ATTRACT BORROWERS. SPEED DECISIONS. IMPROVE SERVICE SATISFACTION.
It’s more important than ever that lenders attract borrowers, speed decisioning, and improve their response time to their customers. So, …
HOW MOBILE APPS IMPROVE YOUR DIRECT LENDING OPPORTUNITIES
J.D. Power’s 2018 U.S. Consumer Financing Satisfaction Study, cited in Automotive News, highlighted the value and benefit of easy-to-use mobile apps. The review, ratings, and awards organization said that mobile apps are one of the main factors influencing customer satisfaction with auto lenders.
HOW IMPROVED FRAUD RECOGNITION REDUCES DELINQUENCIES AND DEFAULTS
Delinquency and default rates remain relatively stable, according to a recent Experian report. While that may be comforting news, …
WHY AUTO LENDERS ARE REPLACING HOME-GROWN LENDING SOFTWARE WITH CLOUD-BASED SOLUTIONS
With auto sales having peaked in 2017, lenders need every advantage to stay profitable. The industry is also adjusting …
CLOUD LOAN SOFTWARE, AWS, AND SAAS: LOS MUST-HAVES
If your loan origination software (LOS) runs on servers located in your facility, annual licensing and maintenance costs are increasing, …
NEW LENDING TECHNOLOGY EFFICIENCIES GET YOU MORE WITH LESS
Whether it’s more hours in a day, more profitability, or both, and regardless of where you are in your business’s …
TECHNOLOGY 20 YEARS AGO VERSUS TODAY
CEO and Founder Stephanie Alsbrooks has often imagined what it would be like to have started defi SOLUTIONS 20 years …
