Firm Adds Auto Loans Featured

By Staff Writer October 28, 2019

Blend, a leading digital lending platform, announced that it has launched a new auto lending product, advancing its mission to bring simplicity and transparency to consumer banking. The new auto loans product will improve the auto purchase and refinance experiences for consumers, while helping lenders drive efficiency, increase online application completion, and improve fund rates.

“We’re excited to roll out our auto financing product to help lenders enhance the level of service and experience they provide to consumers,” said Olivia Teich, Blend’s head of product. “Blend’s technology uses verified data to eliminate steps and the passing around of documents, streamlining the application process for consumers and reducing origination costs. These improvements will help get car buyers on the road faster and create efficiencies that enable financial institutions to handle more loans.”

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Last modified on Friday, 01 November 2019 18:35

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