As the company acknowledged an inquiry from the Consumer Financial Protection Bureau, Credit Acceptance leadership discussed its sales force during a good portion of its latest conference call with investment analysts. Credit Acceptance shared as a part of its second-quarter ... [Read More]

The next series of free skip-tracing training webinars hosted by Alex Price, the director of risk solutions at Digital Recognition Network (DRN), begins this week. An expert in skip-tracing with more than 30 years of experience, Price is beginning this ... [Read More]

A top expert at S&P Global Ratings gave two reasons why she now expects the Federal Reserve’s interest-rate policy to remain on hold through the rest of the year. S&P Global U.S. chief economist Beth Ann Bovino explained that factors giving ... [Read More]

Psychographic analysis involves the study of how people live, what interests them and what they like, according to the American Marketing Association. Equifax auto lending sales leader Craig Sims acknowledged finance companies are leveraging psychographic personas in order to target ... [Read More]

On Friday, FactorTrust announced the addition of Lobel Financial to its growing list of financial service companies implementing its alternative credit data into their credit decisioning process. Lobel Financial, a finance company specializing in purchasing and servicing vehicle installment contracts ... [Read More]

Bringing nearly 30 years of experience with him, Jerry Kroshus has been named president and chief executive officer of Auto Approve, a refinance company that specializes in helping consumers find the best possible vehicle interest rates through its national network ... [Read More]

Consumer Portfolio Services chairman and chief executive officer Brad Bradley described how the subprime finance company is going through what he called a “painful process.” While the company’s originations are down from last year, its delinquencies didn’t spike to alarming ... [Read More]

Both consumers and dealers likely want to know potential buyers’ credit standing in order to facilitate delivery, and a new product fueled by CoreLogic and Equifax rolled out on Wednesday aims to accomplish that objective. Analytics and data-enabled solutions provider ... [Read More]

With contract holders’ ability to pay paramount, 700Credit now is offering Income PreCheck, an instant income and employment verification solution that can help dealerships verify buyers' stated income and employment. The verification is derived by accessing The Work Number, a ... [Read More]

LenderLive Services, a division of LenderLive Holdings, announced on Tuesday that it will now provide expanded compliance services through a new line of business: LenderLive Compliance Solutions. The company highlighted the new entity will offer both bundled and a la ... [Read More]