Peyton Brooks, Author at Informed
Peyton Brooks
Peyton is a Product Manager at Informed.IQ who leads our dealer document automation product. Prior to his time at Informed, he worked at American Express on the Commercial Credit Risk Strategy Team.
Ensuring Compliance and Accurate Refunds for Auto Aftermarket Products: Solutions for Lenders
Aftermarket Products are optional add-on products that dealers sell car buyers at time of purchase. These range from GAP waivers, vehicle service contracts, anti-theft devices, maintenance plans, tire-and-wheel coverage, and more. Funding Team Challenge Auto lenders must ensure that the aftermarket products they fund are compliant, properly cover the borrower and add value. For example,
Solutions
- Detecting Fraud
- Verifying Income
- Funding Loans
- Integration-Free Automation
- Consumer Verifications
- Improving Compliance