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Auto lenders can use social media to identify the credit risk of borrowers with limited credit histories, but must be aware of the risks, Riley Key, partner at Bradley, said during CBA Live today. “[Social media] has become particularly useful in the insurance industry. Both Fico and the [Consumer Financial Protection Bureau] have previously put […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
