Unlikely Winner in Near-Prime vs. Subprime Car Loans

Unlikely Winner in Near-Prime vs. Subprime Car Loans

“Near-prime consumers tend to weather storms better during economic downturns” because they tend to take steps to avoid delinquency, says Matt Roe of Open Lending.

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EVs Toss a Wrench in Fixed Ops

Accident-prone drivers, heavy batteries, technician shortages create weighty EV repair issues.

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How AI Technology Helps Reduce Bias in Auto Loans

AI in consumer lending can reduce bias and eliminate risk for borrowers and lenders alike. It can improve lending profitability and reduce the risk of loss. It can enhance borrowers’ ability to get manageable terms and reduce the risk of default.

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