Fully customizable to meet your institution’s goals.
Of Proprietary Data
Safely expand risk-based lending activity with our automated risk model, which differentiates 2 million permutations of vehicle and borrower characteristics to analyze the risk and potential loss for each loan.
Generate higher net yields using a proprietary, highly sophisticated risk-based pricing tool that customizes your institution’s unique cost of funds, origination, and servicing costs.
Lenders Protection™ offers fully automated technology that delivers the lowest rate that will generate the net ROA target set by the financial institution in under five seconds.
High-quality loan default insurance provided by multiple AM Best “A” rated carriers absorbs more than 80% of loan portfolio losses.
The program costs are built into the interest rate and recovered through the interest income.
Premium charges and a program fee are assessed only on loans that the lender has chosen to fund and insure in the program. There are no other costs to the lender to implement or maintain the program over time.
Lenders Protection™ can be implemented in six weeks or less, even with our customized configurations.
Lenders Protection™ integrates seamlessly with many of the most popular auto loan origination systems. Application and process flow mirror the lender’s current operations, and decisions are returned in under five seconds.