Open Lending recently shared how successful 2019 was for the firm that strives to help finance companies take prudent risk in the subprime space. The provider of a unique auto lending enablement platform with default insurance signed 77 new finance ... [Read More]

While the composite reading might be in the midst of rising for three consecutive months, the auto portion of the S&P/Experian Consumer Credit Default Indices posted a decrease to begin 2020. On Tuesday, S&P Dow Jones Indices and Experian released ... [Read More]

Organizers of the North American Repossessors Summit (NARS) have announced the opening of nominations for their second annual Industry Awards. Designed to honor exemplary repossession professionals, this year’s award categories include Recovery Agent of the Year, Service Representative of the ... [Read More]

Your portfolio might be filling with contract holders from Generation Z — consumers born in or after 1995. Recent research from TransUnion showed that this generation isn’t necessarily just staring at smartphone constantly. These individuals also are getting behind the ... [Read More]

Dealertrack is heading to Las Vegas for annual events hosted this week by the American Financial Services Association (AFSA) and the National Automobile Dealers Association (NADA) armed with a half dozen new-product enhancements and enriched partnerships to highlight. These latest ... [Read More]

The U.S. Justice Department on Monday morning made a major announcement in connection with the Equifax data breach, calling it “a day of reckoning.” With Equifax leadership “grateful to the Justice Department and the FBI for their tireless efforts,” officials ... [Read More]

This week, Resolvion, released a new specialty suite of services.  The skip-tracing and repossession management firm explained these specialty services were designed to address many of the challenges that finance companies encounter in their repossession activities.  Resolvion’s specialty services include ... [Read More]

The migration of experienced executives moving from one of the three traditional credit bureaus to Trust Science continued this week. The provider of artificial intelligence-powered credit scoring announced that Jeremy Mitchell has joined Trust Science as chief data and analytics ... [Read More]

A new vehicle is one of the worst investments you can make. We’ve all heard it before: “Half the value is lost as soon as you drive it off the lot.” The fact is, however, that vehicles today are hanging ... [Read More]

Recovery professionals that conduct activities in Massachusetts now have another training opportunity to maintain their compliance knowledge. RISC recently launched the Massachusetts-specific collateral recovery training course as part of its CARS National Certification Program. The compliance services company emphasized that ... [Read More]