Tag: underwriting

Inflation, deteriorating credit performance and worsening affordability have prompted subprime auto lenders to tighten lending requirements to better manage risk.   ...

Chase Auto is identifying AI uses within its operations for coding, documentation and underwriting. National Credit Director Anne Alburo discussed use ...

Lenders can improve their underwriting programs for electric vehicles by considering the vehicle itself — along with traditional credit risk ...

Carvana is expanding the number of states in which borrowers can add a co-signer to their loan in an effort ...

Carvana is looking to expand credit access in four markets in Florida by allowing potential borrowers to add a co-signer ...

Tech labor costs are an “elephant in the room” for technology companies and banks.   That’s true for Capital One. The ...

Nothing slows down a good underwriter more than outdated procedures and time wasted on poor-quality applications. Moreover, customer expectations have ...

The shift to digitization and embedded finance is a budding trend in the auto industry that gives companies the ability ...