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Fraud risk for auto lenders has increased in Arizona and Nevada since June in tandem with a jump in high fraud scores on applications. Fraud prevention software provider Point Predictive rates credit applications for fraud risk on a scale from 1 to 999, with 999 indicating the highest risk of fraud, Frank McKenna, chief strategist […]
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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
