BLACK BOOK LENDER SOLUTIONS EXPANDS ROSTER OF LOAN ORIGINATION SYSTEM PROVIDERS

Black Book announces the integration of its vehicle valuation data into a number of today’s leading providers of loan origination systems used by auto lenders. Recent integrations include Credex, Compass Technologies and FNI (Financial Network Inc.).

This continued expansion of Black Book data throughout industry loan origination systems allows lending decisions to be made in less time and with lower costs, thus accelerating the approval process. These operational efficiencies, combined with the risk management benefits of Black Book Lender Solutions insight, helps auto lenders remain ultra competitive and focused on profitable growth opportunities.

Many of today’s leading auto lenders are leveraging vehicle values from Black Book Lender Solutions, with data that is fully integrated into loan origination systems powered by some of the most notable providers: defi SOLUTIONS, Fidelity, Crif Lending Solutions, Argo Data Resources Corp, Meridian Link, Allied Business Solutions and Megasys.

“Black Book’s footprint continues to expand in this segment of the industry as loan origination system providers respond to customer demand to have access to our values,” said Jared Kalfus, Vice President of Data Licensing for Black Book. “Today’s most profitable companies leverage tools and resources that provide smarter and faster decision-making, along with operational efficiencies.”

“Efficiency and speed of approval can greatly impact our lender customers’ ability to compete and realize larger profit potential,” said Lloyd Wright, President of Credex Systems. “With Black Book vehicle value data fully integrated into the loan origination system, lenders can reduce application errors and streamline the entire approval process for clients entering their portfolio.”

“Our customers love the speed and accuracy advantage they get with ease of access to Black Book industry leading data,” said Stephanie Alsbrooks, CEO of defi SOLUTIONS. “Coupled with our defi Solutions configurable rules, Black Book data allow customers to automatically call the value data at any point in their process from application to funding.”

“Black Book is one of the most accurate vehicle evaluation tools on the market,” said Jeremy Engbrecht, President, CRIF Select division, CRIF Lending Solutions. “Streamlining the lending process is paramount for lenders to capture more business in today’s evolving market. Time is money, especially in the auto industry, which is why we are proud to integrate our CRIF ACTion loan origination technology platforms for direct and indirect auto lending with Black Book.


Black Book® is best known in the automotive industry for providing timely, independent and accurate vehicle pricing information, and is available to industry-qualified users through online subscription products, mobile applications and licensing agreements. A leading provider since 1955, Black Book has continuously evolved to ensure that it achieves its goal of delivering mission-critical information to its customers, along with the insight necessary to successfully buy, sell, and lend. Black Book data is published daily by National Auto Research, a division of Hearst Business media, and the company maintains offices in Georgia, Florida, and Maryland. 

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