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An oversupply of performing loan portfolios for sale from buy here, pay here dealers coupled with a decrease in potential buyers is putting pressure on pricing and squeezing dealer liquidity. Debt buy-sell marketplace Debexpert, for one, has seen the number of buy here, pay here (BHPH) performing auto loan portfolios for sale on its marketplace […]
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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
