Remove Banking Remove Lessor Remove Term
article thumbnail

Modernizing Document and Income Verification in Auto Leasing with AI

AutoSuccessOnline

Since the car is not owned by the lessee, the lessor needs assurance that the lessee will reliably fulfill their payment obligations throughout the lease term. Fraud is not lender specific and has a significant impact across the banking industry. This difference requires stringent credit requirements for lease customers.

Lessee 52