Predictable Success Story: MidAtlantic Finance Company

As MidAtlantic Finance developed and improved their technology platform in order to strategically grow, Vice President of Lending Operations Michael Pereira determined that it was necessary to find a solution to reduce risk while growing their asset base significantly. This would work in conjunction with efforts to improve the Client Experience and allow MidAtlantic to focus on their growth initiative while improving their return and overall performance.
In analyzing fraud alerts they’ve received, the MidAtlantic Finance team sees that the solution is catching more issues than they would have on their own. “In the first six months,” Pereira says, “106 alerts have been submitted on almost $874,000 in loan amounts.”
Be the first to know about insights like these

Delinquencies and Charge-Offs Soar at Credit Unions
An Unprecedented Rise in Risk Metrics Signals Trouble Ahead Credit unions with assets over $1 billion are facing a concerning reality: delinquency rates and charge-offs ...
READ MORE

Dealership Adoption of Point Predictive’s BorrowerCheck™ Surges to Counter Rising Auto Fraud and Buybacks
SAN DIEGO, CA – March 31, 2025 – Point Predictive reports record growth in adoption of its fraud detection technology across dealerships nationwide. BorrowerCheck™ is ...
READ MORE

Point Predictive Releases 2025 Auto Lending Fraud Trends Report Revealing $9.2 Billion Industry Risk
A Comprehensive Analysis Shows a 162% Jump in Credit Washing and Rising Bust-out Fraud, While Income And Employment Misrepresentations Still Account For 43% of Loss ...
READ MORE

Bayway Auto Group Implements Point Predictive’s BorrowerCheck™ to Strengthen Lender Relationships by Combatting Industry’s Rising Fraud
Bayway, a Houston-based dealer group, revolutionizes its fraud prevention strategy with advanced technology that helps it avoid buybacks due to fraud and improve loan quality ...
READ MORE