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Home » E-contracting origination volume jumps 37%

E-contracting origination volume jumps 37%

Adoption in securitized markets grew 14% YoY

James Van BramerbyJames Van Bramer
April 19, 2024
in Technology
Reading Time: 4 mins read
0
Image representing e-contracting

(Photo/Canva)

Digitally originated auto loan contract volumes increased during the first quarter amid strong vehicle sales.   The number of auto loans originated through electronic contracts posted a record-breaking quarter-over-quarter gain of 32% to about 2.7 million contracts, a 37% year-over-year increase, according to software provider Wolters Kluwer’s Q1 2024 Automotive Finance Digital Transformation Index.  The […]

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