auto lending

NADA 2024 Recap

Last week, NADA 2024 in Las Vegas, drew over 23,000 attendees. Auto dealers explored new technology and engaged with lenders and vendors. A standout session focused on the combined power of AI and human capital, particularly featuring female leaders.  On Friday, NADA experts and industry leaders engaged in rapid 20-minute sessions, while Steve Greenfield, CEO

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AFSA 2024 Recap

The Informed team is just back from a great trip to the AFSA 2024 Vehicle Finance Conference and Expo in Las Vegas. It’s the first leg of a weeklong marathon of auto industry meetings that some call “Hell Week.”  The week wrapped up with the National Auto Dealers Association (NADA) Conference. We humbly thank the

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Blog - Document Quality Decline Among Seniors and African Americans

Document Quality Decline Among Seniors and African Americans can lead to greater friction in the loan approval process

Over the last 20 months, there’s been a noticeable decline in lending verification document quality – disproportionately affecting senior citizens and African Americans. According to Informed’s Data Consortium, senior citizens are 1.4 times more likely to upload poor quality documents and African Americans are 1.1 times more likely. This statistical variation suggests a potential correlation

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Funding Auto Loans

Solutions Funding Auto Loans Lenders spend countless hours manually verifying loan applicants’ information – specifically, their income (and manually calculating it), residence, employment, and proof of insurance, among other things. In addition to verifying consumer information, there is ample work required to review deal jackets and corresponding ancillary product contracts, such as a vehicle service

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Informed named to the Software Report's Top 25 AI Companies for 2024

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