Deal designed to offer income, ID verification services to lenders via AI-powered platform that allows them to make faster decisions, reduce risk.
David Lee’s global career includes a track record of fiscal project management and revenue generation.
Budgetary pressures setting in, and lenders realizing importance of digitizing the entire transaction process.
Deal provides advanced verification, fraud-detection capabilities to Canadian lenders.
June’s loosening follows spring banking crisis, though access is still tighter year-over-year and compared to prepandemic.
Extending credit to high-risk customers is harder, but there are ways to get those customers into loans.
The category grabs greater share of market as consumers look to save money in challenging financial conditions.
Interest rates will continue climb, eating into inventory improvements’ effect.
The average payment climbed to $717 in the fourth quarter of 2022, which is 50% higher than in 2010, according to Edmunds.
Report shows car loan amounts, down payments rising along with interest rates.
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