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VW Credit has implemented training for its credit and collections teams in response to an uptick in auto loan fraud tied to fraudulent income and employment information that last year alone cost auto lenders nearly $5 billion. The Herndon, Va.-based lender holds quarterly trainings for its originations team, while tenured credit personnel meet every other […]
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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
