WHEN IDEAS COLLIDE: DISRUPTING THE AUTO LENDING MARKET

Subprime auto loans represent the largest revenue segment, outside home mortgages, in the underbanked market -- driving fierce competition among lenders. Many enterprises are now using alternative credit data in their risk assessments, which paves the way to serve thin/no file consumers who currently rely on high-cost lending options for this critical purchase. Join the session to review differing subprime auto lending business models, how these products are performing among consumer segments, and the direction of this market.