Get the Free Guide to GPS Benefits for BHPH Lenders and Auto Lenders
As subprime auto lending continues to gain momentum and loans dive deeper, the associated risks continue to rise.
BHPH dealers and lenders commonly use a GPS solution as a smart business strategy to cut costs and mitigate risk.
Dealerships and lenders using advanced GPS solutions have reported significant savings.
In fact, Spireon vehicle finance customers reported an increase in their return on capital by as much as 87 percent. Last year alone, Spireon customers saved $6.3 billion in asset recoveries.