The rise in subprime delinquencies and charge-offs hits lenders’ bottom line but vehicle location data and analytics is putting lenders on the right track. Over the past year, we have been sounding the alarm with lenders – warning them that mounting delinquencies and charge-offs would impact revenues and ultimately devalue
Vehicle sightings put the brakes on pre-existing damage claims. At least 10% of property and casualty claims are fraudulent, and the public is paying for it to the tune of $30 billion per year. In 2015, Texas alone reported 13K fraud reports worth over $8 million dollars. Among the many
The rise in subprime delinquencies and charge-offs hits lenders’ bottom line but vehicle location data and analytics is putting lenders on the right track. Over the past year, we have been sounding the alarm with lenders – warning them that mounting delinquencies and charge-offs would impact revenues and ultimately devalue
Vehicle sightings put the brakes on pre-existing damage claims. At least 10% of property and casualty claims are fraudulent, and the public is paying for it to the tune of $30 billion per year. In 2015, Texas alone reported 13K fraud reports worth over $8 million dollars. Among the many