Recent developments from both federal- and state-level law enforcement include matters associated with refunds connected to guaranteed automobile protection (GAP) as well as a dealership defrauding consumers. Connected to industry-wide compliance challenges highlighted multiple times by Allied Solutions, Colorado attorney ... [Read More]

Open Lending Corp. recently offered a in-depth reminder for when a finance company decides to buy that installment contract, especially for an applicant in need of reliable transportation. The provider of analytics, risk-based pricing, risk modeling and default insurance to auto ... [Read More]

Allied Solutions began 2023 with a trio of significant moves, including an acquisition, a key executive promotion as well as an integration with another service provider in the collections space. The newest announcement arrived on Tuesday when Allied Solutions said ... [Read More]

Launcher recently finalized another partnership to help finance companies shore up their underwriting. The technology provider specializing in originations announced an integration of Launcher’s appTRAKER Loan Origination System (LOS) with Truework, which provides immediate access to income and employment data ... [Read More]

Following a month when the auto default rate remained steady, credit availability for new paper tightened. Those findings are among the latest observations from Cox Automotive, S&P Dow Jones Indices and Experian. Based on data through November for the S&P/Experian ... [Read More]

Like when two friends share a serious conversation over their beverage of choice, EFG Companies is trying to be straight with dealers about their F&I prospects this year. EFG said through its annual forecast released on Tuesday that it sees ... [Read More]

Consumer Portfolio Services (CPS) recently continued its robust roll out of artificial intelligence and machine learning solutions to provide greater payment flexibility and more efficient processing of retail installment contracts. The company — which provides indirect auto financing to individuals ... [Read More]

Consumer Portfolio Services (CPS) recently continued its robust roll out of artificial intelligence and machine learning solutions to provide greater payment flexibility and more efficient processing of retail installment contracts. The company — which provides indirect auto financing to individuals ... [Read More]

AutoPayPlus selected five experienced automotive agents to serve on its 2022-23 agent advisory council. The group recently convened to discuss the market challenges dealerships will face in the coming year and learn more about how AutoPayPlus can support agents in ... [Read More]

Before the first quarter of this year closes, Santander Consumer USA will have a new top executive. Santander Holdings USA recently announced that Bruce Jackson will assume the role of head of the Santander US Auto business and CEO of ... [Read More]