Auto finance, as we know it today, really began in the late 1980s with the introduction of asset-backed securitization to lenders. This instrument allowed...
Customers want simplified digital purchasing experiences today, and many automotive retailers, lenders and OEMs have been aggressively building consumer-facing web ecosystems to suit their...
The loan application process has been greatly improved using machine learning (ML) and artificial intelligence (AI) tools. These tools enable auto lenders to make...
Between government stimulus checks, loan accommodations, and fewer opportunities to spend on discretionary items like vacations and travel because of pandemic restrictions, the overall...