Risk Management
Repossessions, deferments jump at AutoNation’s captive
Repossessions have increased at CIG Financial as consumer budgets are squeezed amid current economic conditions, leading the lender to increase...
Auto Finance Summit East: Key takeaways amid a challenging market
High sticker prices combined with elevated interest rates have created a challenging market for auto lenders looking to keep operations...
Podcast: A discussion of fraud, debt ceiling, repos
Exclusive coverage of risk management platform Point Predictive’s auto lending fraud trends report continued last week, and a delay in...
Auction repo check-ins 14% below pandemic levels
The number of repossessed vehicles at auction is growing but remains 14% below pre-pandemic levels as recovery agencies have become...
US debt ceiling delay could prompt auto loan extensions
Auto lenders may be gearing up to offer extensions to offset a potential uptick in delinquencies if U.S. congressional leaders...
Two key gauges of US economic activity diverged in first quarter
The government’s two main measures of US economic activity diverged in the first quarter, with one gauge painting a picture...
Equipment industry steadfast amid economic uncertainty
Equipment industry executives are bullish on the state of the industry and its prospects despite uncertainty in the economy caused...
Fraud Alert: 70% of early payment defaults tied to fraudulent applications
Early payment defaults are rising amid inflationary pressures, contributing to an increase in auto fraud risk, especially in areas with...
