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When evaluating a Collateral Protection Insurance (CPI) program, it's important for lenders to look beyond the surface. Understanding both the hard and soft costs, as well as the potential returns, is crucial for maintaining a healthy and successful program. Here's how you can ensure you're getting true value.
In the financial world, uncertainty often casts a shadow of doubt over the future. As economic experts and analysts scrutinize current data and trends, it seems likely that the path ahead is likely to be one with its share of obstacles.
From Moratoriums to Market Fluctuations to Disappearing Agents — a Lender’s Conundrum Auto repossession, the process of reclaiming a vehicle from a borrower who has defaulted on their loan payments, has become a more challenging and time-consuming process in the current environment than ever before. Why?
Rising Auto Delinquencies, Higher Charge-Off Risk, and What You Can Do to Protect Your Loan Portfolio