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The same economic stimulus that kept consumers current on their auto payments is giving rise to a new population of fraudsters that will likely zero in on auto finance now that stimulus programs have ended. With unemployment peaking at 20.5 million Americans in May 2020 during the COVID-19 pandemic, many fraudsters set their sights on […]
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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
