BLOGS

Insights into Modern Lending

 

How to Choose Credit Union Software for 2025

According to a study released by J.D. Power in April 2025, satisfaction on a 1,000-point scale among credit union members...
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Asset Finance Process Improvement for Banks & Credit Unions

Cars, boats, jet skis, snowmobiles, and other personal vehicles are often financed with consumer asset finance. The loan terms can...
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How To Improve Credit Union Member Experience

Credit union member experience directly impacts customer satisfaction, loyalty, and overall growth. As member-owned institutions, credit unions rely on strong...
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A Vehicle Auction & Disposition FAQ for Credit Unions

For many credit unions, vehicle auctions detract from their core financial focus. The complex relationships between auction houses and transporters, along with volumes of off-lease vehicles and repossessions, are motivating...
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Loan Application Process Improvement Ideas

To increase efficiency, reduce costs, and meet borrower expectations, lenders should implement strategies for loan application process improvement. By leveraging...
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How To Improve Underwriting Risk Assessment

According to the Mortgage Bankers Association, mortgage delinquencies increased for all loans in 2024 compared to 2023. The delinquency rate...
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How To Improve Customer Experience in the Banking Industry

Customer experience is one of the most important factors affecting customer retention and growth for banks. An enjoyable banking experience...
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Consumer Dynamics of Auto Refinance: What Lenders Need To Know in 2025

The demand for auto refinancing has exploded in recent years. According to TransUnion, 76% of drivers who borrowed to buy...
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Electric Vehicle Lending: 2025 Guide for Lenders

The market for electric vehicles (EVs) is at an all-time high. According to market research firm Rho Motion, worldwide EV...
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5 Loan Servicing Trends To Watch in 2025 & Beyond

Loan servicing is a crucial aspect of the financial industry that involves managing and administering loans on behalf of lenders....
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How To Respond To Car Loan Delinquency Rates in 2025

Car loan delinquency rates are rising. Account delinquency rates of auto loans 60+ days past due (DPD) rose six basis...
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Gen Z Banking Trends: How Lenders Can Stay Competitive in 2025

Gen Z’s banking preferences are shaped by their digital upbringing and financial outlook. Around 99% of Gen Z use mobile...
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