In a significant court ruling in Colorado, a federal judge preliminarily agreed with the American Financial Services Association, the American Fintech Council, and the National Association of Industrial Bankers’ legal challenge to a Colorado statute that purports to apply Colorado law on loans made to Colorado residents by state-chartered banks located outside Colorado. Last week’s […]
Allied Solutions is an 8-Star Premier Business Partner with AFSA. Learn more about Allied’s comprehensive recovery optimization solutions here. Lenders are faced with a renewed regulatory shakedown – at both the state and Federal level. Here’s how to be prepared. June 2024 Pressure is mounting in this arguably unprecedented complex and dynamic regulatory environment. The […]
Meta/SEO Description: If digitalization is part of your long-term vision, look no further than to DataCision to propel your dealer commercial lending business forward. From Paper Trails to Digital Transformation: DataCision Moves Your Vision Forward As your business moves toward a more digital future, it is likely that you have successfully transitioned to cloud-based applications, […]
Consumer Lending by the Numbers
13.7 MILLION consumers hold a traditional installment loan
13.7
million
consumers hold a traditional installment loan
82 MILLION consumers in the PRIME VALUE or better risk tier
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