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Home » E-contracting origination volume jumps 28% 

E-contracting origination volume jumps 28% 

September rate cut posed little change to overall volume in Q3 

Ash SavagebyAsh Savage
October 28, 2024
in Technology
Reading Time: 3 mins read
0
Leasing, rentals gain traction on high-tech assets

© Can Stock Photo / scanrail

The adoption of electronically originated auto loans slowed sequentially in the third quarter but remained elevated on a year-over-year basis, highlighting a steady desire to originate loans digitally.  The volume of digitally contracted auto loans increased 0.5% sequentially and 28% YoY, according to software provider Wolters Kluwer’s Q3 Automotive Finance Digital Transformation Index published Oct. […]

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