BLOGS

Automation is continually improving auto lending process efficiency, along with the quality and consistency of lending decisions. Replacing manual, mundane tasks and decisions with workflows and rules accelerates loan origination...

Fraud has many faces. Auto dealer loan fraud isn’t as frequent as income, employment, or identity fraud by individuals and fraud cartels. Still, an application from a less-than-honest dealer can...

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...

The major credit bureaus now provide lenders with trended credit data reports to complement traditional credit scores. This gives lenders greater confidence when evaluating risk....

  You can draw immediate conclusions from a credit score, especially scores at extreme ends of the credit scoring range....

  J.D. Power reports that nearly 84% of new-vehicle buyers in 2018 arranged financing through a dealership. For lenders, that...

When’s the last time you thought about your credit bureau data? If you’re like most auto lenders, you usually don’t...

Fintech innovation is reshaping auto financing into a streamlined customer experience, as Boston Consulting Group (BCG) notes in Staying Ahead...

We’ve met a lot of lenders in this situation: Their legacy loan origination system has become too pricey to maintain....

According to U.S. Census Bureau population projections, millennials are expected to overtake Baby Boomers in 2019 as the younger group’s...

With 17 million vehicles sold in 2018 and 16.8 million new cars and light trucks predicted in 2019 by NADA...

U.S. News and World Report succinctly contrasts the pros and cons of buying new vs. used cars. In today’s auto...