Saturday marked the culmination of the Women for Change initiative — a collaboration involving DriveTime, Bogi’s Girl Gang Garage and Maggie’s Place — designed to empower and uplift women in need. The project peaked with the donation of a fully ... [Read More]

Perhaps the most interesting news release ever distributed by the Consumer Financial Protection Bureau came into my view on Thursday, courtesy of a LinkedIn post by Hudson Cook partner Eric Johnson. The news release wasn’t about a multi-million dollar penalty ... [Read More]

A fact sheet posted on the White House website late Wednesday connected with the administration imposing a 25% tariff on imports of automobiles and certain automobile parts contained this bullet point: a 2024 study on the effects of President Trump’s ... [Read More]

Experts see that the debt collection industry is undergoing a technology-driven transformation as businesses shift toward automation, artificial intelligence, and predictive analytics to improve recovery rates and streamline operations. Reinforcing those assertions, a new Kaplan Group study revealed that the ... [Read More]

Phoenix American Companies, a provider of vehicle service contracts, GAP, and ancillary F&I products, on Tuesday announced the appointment of Brian Olson as chief revenue officer. With more than 25 years of experience in the F&I and related markets, the ... [Read More]

After forming five partnerships last year, Launcher finalized another one last week. This time, the technology provider specializing in automotive loan originations announced a strategic integration partnership with Automatic, a leading provider of dealership digital automation solutions for the automotive ... [Read More]

Point Predictive on Tuesday released its 2025 Auto Lending Fraud Trends Report, detailing that finance companies face an estimated $9.2 billion in fraud loss exposure for 2025 — the highest ever measured. And another troubling metric — especially for creditors ... [Read More]

In January — three days before President Trump was inaugurated — the Consumer Financial Protection Bureau shared a proposal via the Federal Register to launch an auto-loan survey to collect a variety of information from contract holders. Last week, the ... [Read More]

The National Automotive Finance Association is still collecting nominations for the two industry awards to be given during the 2025 Non-Prime Auto Financing Conference. The NAF Association is seeking nominations for the Jack Tracey Pinnacle Award as well as a ... [Read More]

In an expected move, the Federal Reserve left the target range for the federal funds rate at 4.25% to 4.5% this week when policymakers had their latest opportunity to modify interest rates. While Fed chair Jerome Powell said policymakers will ... [Read More]