Adding new insights for auto lenders to evaluate and onboard new dealerships. DealerExplorer provides unique data on the quality of auto loans originating from more than 150,000 dealerships nationwide.
What It Does
Provides data for auto lenders to evaluate prospective dealerships based on their loan performance history within the Point Predictive data consortium. DealerExplorer enables lenders to strengthen and expand their dealership portfolio while reducing the risk of loan defaults. Providing a unique view, our data helps lenders analyze the risk and benefits associated with each prospective dealership.
How It Helps
Historically when indirect lenders are onboarding a new dealership they have very limited information regarding the dealership’s historic loan performance, and what kind of risks that dealership might present. DealerExplorer gives lenders this information up front, allowing them to make better decisions.