Black Book Lender Solutions announces it has released its latest white paper, “Collateral Insight Is Critical To 84-Month Auto Loans”, where Black Book takes a look at how collateral data impacts the decision to expand a portfolio with longer-term loans.

Several factors are driving longer-term auto loans today: The desire to expand lender portfolios; rising vehicle transaction prices; and the need to keep payments under $400 monthly for consumer budgets. How can collateral data be leveraged to bring these loans into a portfolio and remain profitable?

The White Paper takes a close look at the following:

• What is driving more extended-term loans?
• Four considerations when determining risk levels.
• Why household income plays a key role.
• How collateral insight can help you with portfolio decisions.

Feel free to download by clicking here.