How Financial Durability Insights Help Auto Lenders in 2022
While lower credit scores may have previously equaled risk for auto dealers, with these new economic conditions and consumer behaviors, lenders now need more holistic data insights to better gauge a consumer’s ability to pay back a loan.
Vehicle Acquisition: How to Fill Your Lot and Keep It Full
Like many surprise success stories, COVID-19 provided dealers with record-breaking results despite low and scarce new inventory. So how can dealerships stay competitive and reach record profits?
Automotive Lending Sales Exec Jenn Reid Joins Wolters Kluwer
Reid has over two decades of diverse executive experience in the automotive industry within the dealer, lender and information services’ categories.
Taking a Multi-Tiered Fraud Approach
Dealers have the ability to fight the many ways fraudsters operate.
Advanced Data Insights Provide Targeted Marketing & Fraud Protection
Because of the increased time spent online, dealers and lenders must target their promotions and messages earlier on, and in a more personalized way that uniquely speaks to each shopper individually.
DealerSocket Hires Automotive Software Veteran Byron McDuffee
McDuffee brings more than two decades of auto industry innovation and helping dealers leverage data and digital technologies in their sales, marketing and service strategies.
Latest Target-Marketing Resources Can Improve Effectiveness of Holiday Incentives
With the right strategies in place, dealers can better leverage today’s advanced target-marketing resources to make the most of their holiday offers.
COVID-19 Online Car Shopping: Drive to Digital Forces More Focus on Synthetic Identity Fraud Solutions
Dealers and lenders are now looking for solutions to help fight back and keep up with the sophistication of these fraudsters.
CoreLogic Credco Integrates its Three-Bureau PreQual Solution with eLEND Solutions
The integration of the prequalification solution gives CoreLogic Credco customers who use eLEND instant, single-source access to a consumer’s credit report and FICO score from all three national credit bureaus – Experian, TransUnion or Equifax.
Why Your Dealership Needs to Use Income Verification
Employment and income verification are critical components in the automobile sales process. The benefits include streamlining your process and preventing funding delays, as well as averting awkward conversations with your customers.
