CPS increases capture rates with alternative data | Auto Finance News | Auto Finance News

CPS increases capture rates with alternative data

© Can Stock Photo / cozyta

Consumer Portfolio Services is experiencing higher capture rates as a result of a new scorecard that was implemented last year, Senior Vice President of Risk Management Chris Terry told Auto Finance News.  Nine months post-implementation, “CPS is seeing the results without negatively impacting our pricing,” Terry said. The difference between CPS’s new consumer-focused scorecard versus […]

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