Lending, Open Banking
Automotive News: Consumers concerned about COVID-19 impact on credit
Automotive News’ Jackie Charniga talked with Finicity COO Andy Sheehan about how most automotive lending decisions aren’t incorporating alternative data, such as consumer banking data or utility payments. Consumers worry what data is and isn’t being looked at may affect their ability to secure auto loans.
You can read the full gated article at Automotive News ($).