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Vroom is using internal VIN and credit performance data to improve underwriting, risk management and operational efficiency as it eyes expansion in 2027. The goal is to establish a stable, strong technology-based foundation by the end of 2026, Chief Executive Tom Shortt told Auto Finance News. “Toward the end of this year, we’re implementing things that will create value [for] the […]
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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
