Record High Auto Payments Put Pressure on Lender Risk Protection Products
Higher demand for used vehicles, along with continued new car pricing inflation, have pushed payments to their highest level on record in the used...
Higher demand for used vehicles, along with continued new car pricing inflation, have pushed payments to their highest level on record in the used...
VSI is a customer-centric, efficient, compliant way for lenders to insure their entire consumer loan portfolio for a small one-time fee on each new...
As lenders continue to grow, many times without adding staff, there has to be a higher level of efficiency for that formula to work.
In most states, VSI insurance can be directly disclosed and fully passed on to your borrower without affecting your Annual Percentage Rate. Read...
Lenders have begun to realize the shortcomings and administrative hassles common with Collateral Protection Insurance programs using outsourced...
Does your Collateral Protection Provider have your best interests in mind? Consider, lower claim payments equate to more money for the insurance...