The Earnix Blog: Resources for Insurance and Banking Leaders
March 29, 2023
By Sean Johnson
What does it mean to have a proactive, optimal pricing strategy? The first, and most simple answer, is the ability to understand how the market will react to changes in price – how this will affect auto loan volumes – and then identify the ideal price across all cells. In order to be proactive, it is imperative that you are able to accurately model and forecast how various changes in rates will impact a customer’s probability of closing a loan.
March 28, 2023
By Luba Orlovsky
To make a cake, you need to have specific ingredients: eggs, milk, flour, etc. The same applies to a model, you need to have variables such as age, tenure, and price.
March 23, 2023
By Earnix Team
March 1, 2023
By Will Ely
It’s a tough time to be an auto lender. Not only is the total auto loan amount financed decreasing, but in the third quarter of 2022, loan originations fell to their lowest levels since 2013.
February 9, 2023
By Robyn Kurtz Levy & Pinchas Leybov
Every change management begins with an examination of where things stand today. Learn about the various business inhibitors that can typically be present.
November 17, 2022
By Earnix Team
Against a backdrop of high interest rates, supply chain issues, changes in the mix between new and used vehicles, increasing regulatory pressures, and general economic uncertainty, there is no question that the auto financing landscape is more competitive than ever.