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Flagship Credit Acceptance laid off an undisclosed number of people on April 18 citing challenging market conditions. The Chadds Ford, Pa.-based subprime auto lender took steps to “align our costs to current market conditions,” according to a statement provided to Auto Finance News from a Flagship spokesperson. The company did not confirm how many […]
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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
