Auto lenders are increasingly relying on nontraditional data as they hone underwriting to gain a competitive edge. Alternative data can open the door to unbanked and under-banked consumers, enabling lenders to extend beyond their typical customer base without assuming too much risk. In this episode of The Roadmap, Auto Finance Excellence chats with Chuck Berend, senior vice president and chief risk officer at First Investors Financial Services Group, about how lenders can navigate the pain points of alternative data and leverage nontraditional credit markers to sharpen decision-making.

Speaker: Chuck Berend, Senior Vice President, Chief Risk Officer at First Investors Financial Services Group