Take advantage of the existing
application flows already being
processed and increase return on
assets and profitability.
High-quality default protection
insurance allows you to mitigate,
manage, and share risk effectively
while still offering attractive rates.
Lenders Protection™ can be implemented in 6 weeks or less, even with our customized configurations.
As the lender, you control all credit
decisions. Configure your own specific
costs and desired ROA.
The Lenders Protection™ program offers
improved underwriting rules that identify
qualified applicants in the near-prime and
non-prime risk categories. It also includes
an enhanced underwriting and pricing
engine that allows the lender to approve
and price individual loans to fit the
portfolio design and profitability targets.
Provide more auto loans outside
your normal prime lending guidelines
and book more approved and
Reduce down payment requirements
to help borrowers avoid expensive
“buy here, pay here” dealers.
Improve auto dealer loan volumes and
stronger relationships while expanding
sales of auto loan related products
(GAP waiver, warranty, insurance).