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Digital lending lags despite consumer expectations

Only 28% of consumers say they can adjust auto loans online

Amanda Harris by Amanda Harris
February 22, 2021
in Innovation & Technology
Reading Time: 2min read

Consumers are still concerned about visiting car dealerships, making it even more crucial for lenders to step up their online financing capabilities. Even though COVID-19 vaccine distributions have started and businesses are reopening, 86% of consumers said they are still hesitant to visit a dealership, down from 93% in October 2020, according to a study […]

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