Is Your Financial Institution Fully Adapting to New Lending Trends?

Lending strategies have been predictable and overly conservative for quite some time. They follow a regimented method and appear linear at best with...


Can Alternative Data Expand Credit Access to Members?

Yes! Here’s how:


How Your Institution Can Keep Auto Lending at Home

How normal is the "new normal"? Will your bank or credit union be able to adjust and keep up with the consumer borrowing trends or will you be left...


Will Lenders’ Interest Margins Continue Falling?

The end of summer is upon us once again, and pumpkin-spice foodstuffs and other products will be making their way back onto store shelves soon....


As Used Car Prices Drop, What’s Next for Auto Lenders?

For consumers looking to get a used car, there’s been some good news. According to Business Insider, data from Manheim Auctions show that wholesale...


Two Ways to Mitigate Declining Interest Income

Financial institutions have been continuing to see strong overall loan growth into the summer, but struggles continue when it comes to interest...


Data-Driven Banking and Lending Gains Popularity

Following everyone’s shift to digital in 2020, data now plays a greater role in the financial industry. Open Lending has been using data to help...


Boost Your Interest Income With Auto Loans

Interest income is critical for financial institutions, and yet it is becoming increasingly difficult to come by. Interest margins have been...


Auto Loan Terms Are Increasing Alongside Prices

High prices for new and used vehicles due to the global semiconductor and computer chip shortage are continuing to be a problem for car buyers and...


Rev Up Auto Lending for July 4th!

Auto dealerships and lenders are continuing to struggle with the fallout of the global pandemic. Supply remains low due to the global shortage of...