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Home » Digital lending lags despite consumer expectations

Digital lending lags despite consumer expectations

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

Amanda HarrisbyAmanda Harris
March 2, 2021
in Technology
Reading Time: 2 mins read
0
Digital lending lags despite consumer expectations

© Can Stock Photo / freaksmg

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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