SameDay Auto Finance’s Armando Hidalgo joins Auto Finance Summit 2025
Auto Finance News is pleased to announce that Armando Hidalgo, director of servicing at SameDay Auto Finance, will join a ...
Tag: collections
AI debt collectors fare worse than humans
While loan servicers are eyeing AI to make collection calls cheaper and faster, a recent study suggests non-human debt collectors ...
ThunderRoad Financial taps into ‘eventual recoveries’
Powersports lender ThunderRoad Financial has garnered strong recoveries on difficult-to-find motorcycles, prompting the lender to pursue units even years after ...
Under the Hood: Collectors mindful of financial stressors could mitigate DQs
Consumers bogged down by mounting debt face increasing financial stress which, in turn, could trigger rising delinquency rates. . And ...
Credit Acceptance Corp. originations jump 21% year over year
Subprime lender Credit Acceptance Corp. continued to set record portfolio highs in the second quarter as origination volume on a ...
Off the lot: Visualizing the future of customer communication
No way around it, this is a tough market. Interest rates have been higher for longer, putting pressure on margins, ...
Lenders battle recovery woes with collections, servicing strategies
Auto lenders must creatively prioritize servicing and collections initiatives as recovery rates fall to historically low levels across the industry, ...
Off the Lot: Time to reevaluate credit models, or repeat 2022
Pandemic and post-pandemic originations were initially some of the best most companies experienced. Borrowers were flush with stimulus funds and ...
