A new wave of lawsuits is being filed across the country under the Americans with Disabilities Act (ADA). The ADA is a federal law passed in 1990 requiring “reasonable accommodations” in “any place of public accommodation” to make them accessible ... [Read More]

During prepared remarks covering an array of topics, Consumer Financial Protection Bureau director Kathleen Kraninger revisited a subject particularly important to auto finance companies — how in-person, onsite examinations might unfold. Kraninger told attendees at an event hosted by the ... [Read More]

First Investors Financial Services (FIFS) is now using a pair of cloud-based loan solutions fueled by defi SOLUTIONS. Officials highlighted the Houston-based subprime auto finance company went live on the defi loan origination and analytics systems (defi LOS and defi ... [Read More]

PointPredictive chief fraud strategist Frank McKenna joined Nick for the episode that focused on the achievements of the Auto Fraud Consortium, a wide-ranging collection of finance companies that are collaborating to reduce the volume of fraudulent paper infecting their portfolios. ... [Read More]

Indiana attorney general Curtis Hill is pursuing legal action against another dealership promotions company over allegations of deceptive advertising that included thousands of dollars in prizes and promotions of special financing connected with monthly payments of less than $100. In ... [Read More]

For the second time leading into this week’s North American Repossessors Summit (NARS), Recovery Industry Services Co. (RISC) is bolstering its offerings. Through its relationship with Hudson Cook, RISC announced it has completed a significant update to the Certified Asset ... [Read More]

Collections and other customer-service communications certainly can be a complicated endeavor, and a survey conducted by PossibleNOW revealed how some firms still might not have a firm grip on all compliance matters associated with getting past-due payments and more. The ... [Read More]

Maybe now that both the first quarter and Tax Day are both in the rear-view mirror, perhaps the handwringing over the delinquency rate spotted at the end of 2018 can be completely squashed based on the newest default data shared ... [Read More]

Consumer survey results discovered by PenFed Credit Union reinforced the importance vehicle buyers place on securing a monthly payment that fits their budgets. The findings arrived as the newest Cox Automotive analysis showed purchasing both new and used vehicles is ... [Read More]

Here’s another collaborative effort to present information to consumers who want to know if the vehicle in your inventory might fit within the potential terms the finance company could provide — especially in the subprime segment. Equifax and Credit Bureau ... [Read More]