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Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here

Peak5 Launches Program to Help Lenders Check Servicing Strategies

Nick Zulovich
CENTENNIAL, Colo. — Peak5 announced the release this week of a new benchmark program designed for auto finance companies to test their internal servicing strategies. The program, Test Drive Peak5, aligns with the goal of finance companies to stay on top ... [Read More]

First Advantage CREDCO Introduces New Bankruptcy Leads Program for Dealers

Nick Zulovich
POWAY, Calif. — First Advantage CREDCO, a provider of automotive sales leads and credit reporting solutions, recently announced the availability of an upgraded bankruptcy leads system. Now integrated with the company's online service center, CREDCOservices.com, participating U.S. dealers can take advantage ... [Read More]

Zoot Launches Instant Credit Decisioning to Help Lenders, Dealers

Nick Zulovich
BOZEMAN, Mont. — Zoot, a provider of advanced instant credit decisioning and loan origination solutions, announced the availability of its automated negotiation system, which is a fully customizable program for lenders that provides dealers with accurate and timely loan information. Basically, ... [Read More]

DAASW to Host Online Sale Only Featuring Subprime Units

Nick Zulovich
PHOENIX — As auto delinquencies and charge-offs ramp up, retaining high recovery rates remains necessary. Equally vital is the need to help dealers serving customers who are running into credit troubles due to the housing fallout. In response to these challenges, ... [Read More]

Large Midwest Auto Lender Joins RouteOne

Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced today that Chicago-based Harris, one of the largest automobile finance sources in the Midwest offering an indirect auto business to more than 3,200 dealers in 23 states, has joined the growing roster of finance sources on ... [Read More]

TowerGroup Outlines Successful Strategies for Lenders to Overcome Current Crisis

Nick Zulovich
NEEDHAM, Mass. — TowerGroup's senior analyst of consumer lending recently released a report discussing the current trends and challenges facing the auto lending market and how lenders can successfully circumvent these obstacles. Bobbie Britting reported that auto delinquency rates are growing. ... [Read More]

CUDL Slated to Host 10th Annual Auto Lending Symposium

Nick Zulovich
LAS VEGAS — On June 18 to 20, CUDL will host its 10th annual Auto Lending Symposium at the Venetian, bringing remarketers, dealers, analysts, credit union specialists and more together to discuss the role of the credit union marketplace in auto ... [Read More]

NADA Offers Help to Reach Subprime Customers

Nick Zulovich
McLEAN, Va. — As many as three out of five auto consumers suffer from damaged credit, according to the National Auto Dealers Association. "Dealers could be leaving a great deal of money on the table — perhaps hundreds of thousands of dollars ... [Read More]

Van Wagenen Teams Up with AmeriCredit

Nick Zulovich
MINNEAPOLIS — Van Wagenen Financial Services recently announced that it has been selected by AmeriCredit to provide insurance tracking for its auto finance portfolio. "We chose van Wagenen for its technological expertise and extensive experience in insurance tracking and related products. ... [Read More]

DSC of Indiana Hits New Floor Planning Record

Nick Zulovich
CARMEL, Ind. — In less than three years since its inception, Dealer Services Corp., which is based in Indiana, announced it has reached a major milestone — the flooring of its 1 millionth vehicle. To celebrate the achievement, Carmel-based DSC paid off the ... [Read More]

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