When to Pull Back or Pause Originations

When to Pull Back or Pause Originations

Written by Andrew MacDowell, Director, DecisivEdge™ Every once in a while I hear or read about auto lenders pulling back on or pausing originations to make small or large adjustments to things such as improving credit underwriting procedures, ensuring compliance with new regulations, or selecting and implementing auto-decisioning software.  Although it’s a painstaking decision, I… Read more »

The Value of an End-To-End Auto Lending Platform

The Value of an End-To-End Auto Lending Platform

Written by Andrew MacDowell, Director, DecisivEdge™ In my role, I often meet auto financing professionals who are looking to upgrade their existing auto lending platform. A common thread among these lenders is trying to manage three, four, or even more disparate software systems, analytic tools, and spreadsheets to effectively manage their growing business. Many desire… Read more »

How Reliable Is Your Auto Loan Origination System (LOS)?

How Reliable Is Your Auto Loan Origination System (LOS)?

Written by Greg Miller, Director, DecisivEdge™ Speaking recently with a colleague of mine in the auto industry, I was surprised and concerned to hear how prevalent “platform down time” was among some of the predominant auto LOS providers.  My colleague was somewhat amused by my reaction and retorted, “it’s software…all platforms go down from time… Read more »

Six Auto Loan Origination Software (LOS) “Must Haves”

Six Auto Loan Origination Software (LOS) “Must Haves”

Written by Andrew MacDowell, Director, DecisivEdge™ In this first of a series of monthly blog posts, I wanted share some thoughts regarding Loan Origination Software or LOS. When meeting with auto industry lenders and lessors, valuable information is shared concerning the dynamic nature of the auto business and subsequent need to continuously improve auto loan… Read more »