Saturday, April 13, 2024
HomeCredit Process

Credit Process

Lending Without Stipulations: Empowering More Sub-prime Lenders to Enable Greater Credit Access

While everyone wants a faster, more digital loan application process, those with less money and bad credit often must wait longer and submit more...

Blowing It Up

Why subprime auto lenders fail Over the years, many of my articles have dealt with debunking journalist’s hit-jobs on the subprime auto finance industry. Auto...

Preventing Performance Shocks

In the fourth quarter of 2022, many auto lenders were surprised by elevated levels of delinquency and charge-off that have continued through the first...

Embracing a Big Picture View of Credit Risk

The third quarter of 2022 concluded with numerous signs suggesting negative economic headwinds are upon us. The Wall Street Journal reported on October 23...

Can Theory Be a Substitute for Evidence? The CFPB and ‘Unfair’ Subprime Auto Credit

When I was a young attorney at the Federal Trade Commission, the FTC’s Bureau of Competition was bogged down with some massive antitrust litigation...