BLOGS

Outsourcing has become essential in just about every industry, and the auto finance sector is no exception. Managed services provides...

It really should be a no-brainer to acknowledge that any positive experiences a customer has with a company will lead...

Technological innovation in auto lending has greatly enhanced customer experience in the sector. While many auto lenders have already automated their originations process, the servicing side often gets overlooked....

Businesses are always looking to make their operations more efficient, and it’s no different for consumer lenders. Because of its significance early in the lending process, the introduction of technology...

Automated loan processing systems deliver a better customer experience. Want better quality lending decisions and analytics for continuous improvement? Read on....

Lenders who use a modern, cloud-based software solution have an advantage over competitors still using traditional paper processes or even legacy systems when it comes to auto loan originations....

Passed in 1968, the Truth in Lending Act encourages accuracy among consumer lenders by requiring they disclose certain terms when offering a loan. Modern lending platforms can support an auto...

Information technology (IT) has transformed the way modern lending works. Fincos, banks, and credit unions have access to more lending solutions than ever thanks to the latest advances in technology....

As a rule, new technology makes business practices more efficient. For example, look at how technology made crossing the Atlantic...

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...

Today’s lending market looks very different than it did even just a handful of years ago. More customers are checking auto prices and lending rates online to find the financing...

The economic shutdown that occurred in early 2020 in the US due to the coronavirus pandemic reduced sales of new...