REPAY made a significant increase in its collections capabilities this week, announcing it has signed a definitive agreement to acquire BillingTree for approximately $503 million. According to a news release, the acquisition will be financed with approximately $275 million in ... [Read More]

S&P Global Ratings recently discussed two topics quite relevant to finance companies: contract extensions and resulting defaults as well as actions at the Federal Reserve. Analysts discovered that as of February, extensions on auto-finance contracts contained in public asset-backed securities ... [Read More]

With an eye toward the future, JM Family Enterprises is turning to an executive with the company for the past 24 years to be its interim chief financial officer. Taking on the CFO role temporarily as well as continuing to ... [Read More]

APCO Holdings is looking to cater to the wide array of approaches to retailing vehicles with its latest strategy for reinsurance programs. The provider and administrator of F&I products and home to the EasyCare and GWC Warranty brands said this ... [Read More]

Compliance expert Randy Henrick made a return appearance this week on the Auto Remarketing Podcast. Henrick, who welcomes clients via his website at AutoDealerCompliance.net, shared his perspectives on what the compliance landscape has been like so far this year, also ... [Read More]

If you have read the content for some time generated by us here at Cherokee Media Group, you might already know of my great affinity and respect for repossession agents. Rightfully so, much of our material highlights the exciting parts ... [Read More]

If you didn’t already know, StoneEagle F&I senior vice president of business development Joe St. John is one of the most enthusiastic executives anywhere in the automotive industry. Well, when St. John dissected the first-quarter data gathered via StoneEagleMETRICS, his excitement ... [Read More]

A deep subprime finance company that has been working with both franchised and independent dealerships, especially to cater to their Hispanic customers, now is venturing into securitizations. In business since 2007, Credito Real USA Finance announced last week that it ... [Read More]

Lender Compliance Technologies (LCT) recently rolled out a tool geared to solve a problem that often causes major headaches for finance companies and their staff. The compliance solutions company unveiled what it calls Refund Control; comprehensive, finance company-controlled solution for ... [Read More]

Credit Acceptance Corp. made two major announcements on Thursday afternoon; one involving top company leadership and the other in connection with a multi-million-dollar settlement with a state attorney general. First, the finance company that specializes in subprime paper said that ... [Read More]