BLOGS

Insights into Modern Lending

 

Implementing an End-to-End Loan Origination & Servicing Process for Smooth Workflows

The news is good—auto lending delinquency rates are down to their lowest point, holding steady at roughly 1.51% between 2021...
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Before You Build a Loan Origination System Automation—Consider This

It’s easier than ever for prospective borrowers to apply for a lease or a loan. In fact, people no longer...
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Top 3 Advantages of Outsourcing a Call Center for Auto Lenders

One of the fastest ways to improve the quality of your customer service is to outsource a call center.  When...
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Business Process Outsourcing: Best Practices and Guidance for Auto Lenders

Business process outsourcing (BPO) or managed service outsourcing as it’s also known is a popular option for auto lenders, and...
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IS LEASE AND LOAN OUTSOURCING GOOD FOR AUTO LENDERS?

Auto lenders are always seeking ways to adapt, stay competitive, and reduce expenses. One way to do that is by...
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COMPARING LEASE OR LOAN OUTSOURCING COMPANIES: WHAT AUTO LENDERS SHOULD LOOK FOR

Many auto lenders seek out loan outsourcing companies to improve efficiency, reduce overhead, and scale their lending operations. It’s become...
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Top Call Center Outsourcing Benefits for Auto Lenders

Call centers are a significant aspect of your business. As the centralized offices that help lenders interact with and support...
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How Platform Outsourced Managed Servicing Provides Advantages for Fincos and Other Auto Lenders

Today, finance companies have to deal with a rapidly changing market, with challenges around compliance, costs, and customer retention. Keeping...
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Understanding the Managed Servicing BPO Inbound Process—And How It Can Benefit Fincos

Fincos want to understand customers better and, therefore, better meet their needs, maintain satisfaction, and create a close, long-term relationship...
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The Importance of Customer Service in BPO Managed Servicing for Leases or Loans—Especially for Auto Lenders

Customer service is the backbone of the auto lending industry. When customers consistently have positive interactions with your representatives, they’re...
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An Outsourced Loan Servicing (BPO) Transition Checklist of Best Practices to Effectively Manage a BPO Change

Managed servicing (outsourced lease or loan servicing) isn’t just a case of “out of sight, out of mind.” While auto...
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Top 5 Benefits of Outsourcing Call Center Services for Auto Finance Companies

Has the volume of calls and requests from your customers become overwhelming? Maybe you’ve considered establishing an in-house call center...
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