Why is it that simple change can be so difficult to embrace? Is it often difficult for a community lender to let go of these old-school processes?
As new vehicle sales prices continue to rise, many lenders are feeling the pain in the way collateral protection premiums are calculated.
Industry-wide, credit scoring is becoming automated, but is the auto-financing world is ready to give up all human interaction to autonomy?
These factors, along with the experience of the agent and underwriter, determine the best package of coverage and pricing that can last over time.
Unitas Financial announced a new bundle of Blanket Insurance Products designed to cover the risk a lender carries in their collateralized portfolio
Higher demand for used vehicles, along with continued new car pricing inflation, have pushed payments to their highest level on record in the used...