The Auto Lending Paradox

About the Podcast

The economy is strong, more money is being loaned for vehicles than ever before, and higher-priced cars and trucks are being financed. 

Conversely, loan terms are becoming longer and are being extended to more non-prime borrowers. Delinquency rates are on the rise: 2.7 million are 30-60 days delinquent with payments. And, repossessions are on the rise as well.

This strange confluence of factors can negatively affect lenders as they try to secure vehicle liens. Join our conversation about the the current paradoxical financial landscape in motor vehicle lending, how an increase in repossessions can add unforeseen burdens to a lending department, what the next 18 months hold with regard to vehicle repossessions and how lenders can weather the storm.

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Presented By

Rick Vanko
Rick Vanko

Product Manager for iLien Motor Vehicle, Wolters Kluwer’s Lien Solutions

Rick has more than 25 years of experience supporting the Lien Solutions portfolio of automated lien and risk management products and the key financial services and mortgage clients that use them. Vanko represents Lien Solutions as a member of the American Financial Services Association’s National Title Solutions Forum (NTSF) and sits on that organization’s Electronic Lien & Title and Remarketing subcommittees.