Consumers are more comfortable buying online, even big ticket items like cars. A significant impediment to ecommerce in the auto industry is securing the loan and creating a frictionless digital experience.
In this episode, we interview Val Gui, Vice President of Automotive Lending at Upstart, about trends in the automotive lending space and get some insight on how he forecasts the future of the industry.
What we talked about:
- Increased awareness about automotive lending to financial institutions
- Consumer expectations for digital experiences
- Reshaping the ecommerce mentality in the auto lending space
- Trends for the next 3-5 years in auto lending
Want more lending advice? Find us on Apple Podcasts, Spotify, and here.
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