Tag: collections

Pandemic and post-pandemic originations were initially some of the best most companies experienced. Borrowers were flush with stimulus funds and ...

Human connection is key to improving collections in an environment marked by inflationary pressures and deteriorating credit performance.  Subprime borrowers ...

Credit Acceptance Corp.’s origination volume rose on a year-over-year basis in the third quarter, marking the sixth consecutive quarter of ...

Southern Auto Finance Co. is tapping into text communications and text payments to increase consumer kept rates as the lender’s ...

Auto lender Credit Acceptance Corp. logged portfolio growth through the first half of the year amid wider industry credit performance ...

One of the unspoken truths all lenders recognize is that the loan origination process is often more predictable than managing ...

Lenders can save time and reduce collection costs by leaning on intelligent virtual agents to provide 24-hour service to consumers.   ...

CHICAGO — Lenders should be more strategic in collecting outstanding debt as consumers find it more difficult to keep current.  ...