Alternative Data Unlocks Opportunity for Auto Lenders
Lending Enablement Solutions can prove a borrower’s creditworthiness based on alternative data, even if a different institution rejected them.
Source: wardsauto.com
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Unlikely Winner in Near-Prime vs. Subprime Car Loans
“Near-prime consumers tend to weather storms better during economic downturns," says Matt Roe of Open Lending.
Source: wardsauto.com