There probably are not many strategies leveraged by subprime auto finance companies that Consumer Portfolio Services chairman and chief executive officer Brad Bradley hasn’t seen since joining the company in 1991. But Bradley described a concept as being “the new ... [Read More]

Ahead of the North American Repossessors Summit in April, the American Recovery Association also hosted its 54th annual convention where an array of topics associated with repossessions and recoveries were discussed by agents, finance companies and other service providers. “We ... [Read More]

Chase Auto Finance will continue to be a captive-like provider for a luxury brand. On Tuesday, Chase and Jaguar Land Rover North America announced the renewal of their private-label agreement, extending Chase’s role as the private-label finance provider for the ... [Read More]

New leadership officially took control of the Federal Trade Commission. Earlier this week, Joseph Simons was sworn in as chairman of the FTC. President Trump named Simons, a Republican, to a term on the commission that expires Sept. 25, 2024, ... [Read More]

As an online survey conducted by Equifax showed more insight into how consumer might be haggling at the dealership over vehicle price and other contract terms, the costs those buyers are absorbing continues to climb, especially for new vehicles. In ... [Read More]

When Protective Asset Protection, conducted its latest survey addressing dealer concerns and opportunities with F&I product offerings, the provider of F&I programs, services, and dealer-owned warranty programs wasn’t surprised to see margin to be a primary concern. An element that ... [Read More]

The ongoing momentum credit unions are generating in the auto finance space surfaced again through a first-quarter development from GrooveCar, which now can reach another 450,000 members who might be purchasing a vehicle. The company announced 18 new credit union ... [Read More]

Dealerships of all sizes oftentimes sell vehicle service contracts and extended warranties in their F&I offices. Now a company has come on the scene looking to offer VSCs and extended warranties for consumers who are utilizing their vehicles for services ... [Read More]

Already with a strong presence in Canada, TransUnion is continuing to broaden its global credit market footprint with another move in Europe. Roughly six months after acquiring alternative data provider FactorTrust in the U.S., TransUnion recently announced an agreement to ... [Read More]

Not only is the investment community finding ways to fuel auto finance companies that originate paper, they’re also navigating paths to secure firms that provide critical ancillary services that help foster the entire process. According to news release distributed on ... [Read More]