VSI
Common Objections to VSI (Part Two)
This article is the second in a series of two that discusses some of the most common objections to VSI that I hear from financial institutions.
VSI
Common Objections to VSI (Part One)
Read about some of the most common misconceptions about VSI when compared to CPI in part 1 of our series.
Jim Perry
Oct 29, 2021
Collateral protection
CFPB Prioritized Assessment Targets Auto Loan Servicing
The CFPB agency has identified several unfair acts or practices related to Lender-Placed Collateral Protection Insurance in their Summer 2021 report.
Matt Moore
Aug 16, 2021
Collateral protection
How VSI Protects Lenders Against Charge-Offs
The increasing trend of DIY insurance solutions could mean a greater possibility that borrowers become uninsured at some stage during the repayment...
Unitas Financial Services
Jul 30, 2021
Force Placed
Force-placed CPI Insurance - Is There a Better Way?
A credit union executive recently shared the thought that “those expensive force-placed premiums just don’t feel right.” What are the other options?
Brian J. Ruhe
Jul 15, 2021
Force Placed
Is CPI Fair For Your Auto Loan Borrowers?
Blanket insurance holds numerous advantages over CPI for lenders, from compliance to increasing efficiency, but what about borrowers?
Allen Moss
May 14, 2021