Is your Auto Lending Software Positioned for Increasing Loan Delinquencies and Charge Offs?
Written by Andrew MacDowell, Director, DecisivEdge™ Difficult times on the horizon….. Auto lenders are experiencing increased risks as delinquencies grow and net losses appear non-seasonal in nature. The root cause is attributed to heavy competition among lenders for market share during previous years which weakened underwriting standards. Some lenders have substantially layered portfolio risks by… Read more »