In this episode we talk with Justin Wickett, the CEO and Co-Founder of Informed. as he discusses automated verifications, document process automation and why credit unions are so keen for help with auto lending
Auto loans is the largest market that still remains largely untapped by the marketplace lending industry. There are just a...
Regulators in the US are contemplating giving banks additional regulatory points for lending to mid and low income Americans who...
According to recent data from TransUnion lenders reported that almost 15 million credit cards were in financial hardship programs; this...
Jeff Fortin has an idea that may turn peer to peer lending on its head. He is focusing on a...
In November 2016 the New York Fed reported on an increase in subprime auto loan delinquencies putting the sector on watch; a report from Fitch Ratings is now showing continued deterioration in the sector during the second half of 2016 and Mizuho is reporting subprime auto loan loss rates increased to 9.1% in January 2017 from 7.9% in January 2016; Fitch reports that 60+ day subprime auto delinquencies increased to nearly 6% in the fourth quarter of 2016. Source
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