How We Grew Cinch Auto Finance by $1B Without Additional Staff

Visit us at Booth #6

Join us on August 30 to learn about Loan Operations Transformation and changes Credit Union Loan Source made that helped drive efficient growth.

Visit us at Booth #35.

Join our panel discussion with thought leaders Davi Allen, VP of consumer lending at Baxter Credit Union, and RuthAnn Riggs, chief growth officer for Constant.

Visit us at Booth 104

Visit Constant at Booth 149.

Key trends have emerged that will impact loan and lease servicing that disrupt legacy business models and have the potential to improve consumers' interactions with their banks. We shared out self-service strategies for how banks can sustainably grow loan volume, increase dollars collected, scale without hiring campaigns, and pivot quickly with the market.

With $427 billion of loan loss charges predicted for 58 US banks over a three-year period, modeling loss projections is largely based on macroeconomic factors with no visibility to the duration or recovery. So what can lenders do within their control? This webinar addresses key strategies to reduce charge-offs, increase recoveries and drop net credit losses in order to drive loss savings.

How can you deliver the future of loan servicing now? Forbes recently noted that "the reach of fintech into this dusty corner of the industry is still nascent." Join us as we discuss how to increase credit union member touch points to avoid unnecessary loss by expanding self-service options.

Strategies to drop net credit losses as extensions and deferrals expire. As auto lenders wind down their payment holiday programs, they should prepare for more complex loss mitigation efforts to help borrowers retain their vehicles.

Key takeaways from this on-demand webinar include recasts for borrowers that can afford it for a nominal fee and auto loan restructuring now versus bankruptcy through reaffirmation agreements or cramdowns.

Join Carissa Robb, President & Chief Product Officer at Constant, as she addresses the Auto Finance Executives Group at ASFA Vehicle Finance Conference.

Constant and ACI Worldwide hosted 12 senior executives from top US banks and auto finance companies at our inaugural Loan ServicingTech Summit in Portland, Maine.