Post Tagged with: "Car Loans Inc."

Car Loans Inc. Pivots to New-Vehicle Financing

Car Loans Inc. Pivots to New-Vehicle Financing

July 14, 2016 at 11:00 am 0 comments

Car Loans Inc. is slowing its subprime loan volume as it shifts to “higher-quality vehicles” in response to an uptick in default rates, according to Chief Executive Max Haynes. “We wanted to be careful because what we saw there were some issues in the marketplace, so we took action andRead More

Car Loans Inc. Ramps Up Mobility Efforts

Car Loans Inc. Ramps Up Mobility Efforts

July 6, 2016 at 12:02 pm 0 comments

Car Loans Inc. is implementing a “mobile-first” strategy to cut servicing costs and better the customer experience, according to the company’s Chief Executive Max Haynes. “Our numbers are showing that over 90% of subprime borrowers have a smartphone,” Haynes said. Some of these consumers are struggling to make their carRead More

Car Loans Inc. Cuts Mobile Site Load Time [VIDEO]

Car Loans Inc. Cuts Mobile Site Load Time [VIDEO]

May 18, 2016 at 11:25 am 0 comments

Speed and ease of use are essential to a financial provider’s mobile payment arrangement functions, according to Max Haynes, founder and chief executive at Car Loans Inc. Which is why the company has cut its mobile site load time down from 10 seconds to between two and three seconds, Haynes toldRead More

Car Loans Inc. Rolls Out BHPH Dealer Program

Car Loans Inc. Rolls Out BHPH Dealer Program

February 3, 2016 at 9:22 am 0 comments

Car Loans Inc. is prepping a program that incorporates loan servicing and marketing, Chief Executive Max Haynes told Auto Finance News.

3 Tips on Collecting from Millennials

3 Tips on Collecting from Millennials

January 29, 2016 at 11:54 am 0 comments

Getting in touch with overdue borrowers is tough. Getting in touch with millennial overdue borrowers is even tougher.

Games May Help Lenders in Pursuit of Underbanked Millennials

Games May Help Lenders in Pursuit of Underbanked Millennials

December 21, 2015 at 10:01 am 0 comments

Some millennials may not have checking accounts or desktop computers, but the vast majority have smartphones, and many of them can be motivated to pay on time using innovative approaches like “gamifying” payments, experts said. “They may change their address and not update the email, but they have the smartphones,”Read More

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