Late car payments have surged to their highest level in over 30 years, reflecting financial stress among consumers. Rising interest rates, inflation, and economic instability are contributing to the increasing rate of delinquencies in auto loans. Learn more: https://lnkd.in/e_zPvUa9 #autolending #delinquencies #interestrates #inflation
CARFAX for Lenders
信息服务
Centreville，Virginia 387 位关注者
Helping auto lenders improve underwriting, title research, collections, and remarketing processes.
关于我们
CARFAX is the leading provider of vehicle history information and solutions to auto lenders, serving thousands of banks and credit unions nationwide. CARFAX information helps lenders in loan underwriting, fraud detection, title research, skip tracing, and remarketing.
- 网站
-
https://www.carfaxforlenders.com/
CARFAX for Lenders的外部链接
- 所属行业
- 信息服务
- 规模
- 11-50 人
- 总部
- Centreville，Virginia
- 创立
- 2005
动态
-
Millennials are the most likely group to buy or lease a car in the first nine months of 2025, according to a TransUnion Pulse Study. Check out the latest CARFAX for Lenders newsletter for more on this and other #autofinance industry trends. https://lnkd.in/eFdDivJS
-
Happy VALUEtines Day from the CARFAX for Lenders team! https://lnkd.in/eaVjSDAc #valentinesday #historybasedvalue #autofinance
-
-
Used car prices are dropping, with three vehicle categories reaching all-time lows in the CARFAX Used Car Index. 2025 is shaping up to be a good year for banks and #creditunions to capture more auto lending opportunities! #autofinance #vehiclehistory #carfax
Car shoppers, start your engines! The average prices for *three* of the categories in the CARFAX Used Car Index have hit all-time lows! See where the deals are: https://lnkd.in/eSFR7knU
-
-
The financial burden continues to grow for consumers taking out auto loans. In the fourth quarter of 2024, nearly 20% of new car shoppers committed to $1,000 or more in monthly auto payments. #autofinance #trends #vehiclehistory
-
Last week, our Auto Finance Director Ian Frame led a virtual event highlighting risks associated with water-damaged vehicles. We reviewed the impacts of 2024 storms and showed specific examples of how vehicle history data can help lenders spot these problem vehicles before it's too late. Check out the recording here: https://lnkd.in/eiECmC5M #fraud #autofinance #storms #data
-
Join Ian Frame of CARFAX for Lenders next Wednesday at 2PM EST for a special webinar on flooded vehicles. We'll show how lenders can use vehicle history data to protect their business and borrowers from dangerous water-damaged automobiles. Sign up here: https://lnkd.in/eyVbXBUY #autolending #creditunions #flooddamage
-
-
CARFAX for Lenders and ATTUNE are partnering to improve digital lending for borrowers and financial institutions. #autofinance #autoloans #creditunions
?? ATTUNE Partners with CARFAX to Enhance Transparency and Efficiency in Auto Lending ?? Our integration with CARFAX gives financial institutions instant access to vital vehicle history data, making loan origination faster, safer, and more efficient. By delivering comprehensive vehicle insights within ATTUNE’s all-in-one digital origination platform, we’re helping lenders reduce risk, improve decision-making, and enhance the borrower experience. With ATTUNE and CARFAX, digital lending just got smarter. #DigitalOnboarding #AccountOpening #DigitalLending #RealTimeBanking #CastleCreek #ICBA #DigitalExperience #CreditUnions #CommunityBanks #Banks #AutoLoans #VehicleHistoryVerification
-
-
Ian Frame of CARFAX for Lenders will be leading a session at #UsedCarWeek24, tomorrow at 9:45 AM MST. Ian will show how automating vehicle history datapoints helps lenders improve efficiency, reduce fraud, and strengthen dealer partnerships. If you're at Used Car Week in Arizona, you won't want to miss this one! https://lnkd.in/eiyeFivh
-
-
CARFAX for Lenders is at the America's Credit Unions Lending Council Conference this week in Nashville, TN. Visit Michael Quigley and Emily Cox at booth 338 and learn how CARFAX vehicle history data helps protect #creditunions and their members during every stage of the auto loan lifecycle. #lending #vehiclehistory #nashville
-