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Home » Under the Hood: Creative payment options can shift customer mindset  

Under the Hood: Creative payment options can shift customer mindset  

40% of Americans cite personal finances as their primary worry

Marcie BellesbyMarcie Belles
March 7, 2024
in Risk Management, Under The Hood
Reading Time: 4 mins read
0
person rides bike past cars on lot

(Photo/Canva)

While buy now, pay later plans are increasingly popular, auto financiers might benefit from urging customers to buy now and pay sooner.  Delinquency rates are mounting as consumers get bogged down by personal finance stress and rising auto loan payments. Typically, consumers who fall behind on payments reduce communication with their lenders. But the more […]

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