3 Best Practices for Training Debt Collectors
Auto loan delinquency rates are at the highest level since the 2007 financial crisis, which is why auto lenders are ...
Tag: delinquencies
8 Tips for Improving Collection Practices
Delinquencies continue to climb to levels unseen since the financial crisis, which is why many lenders are focused on improving ...
How Warm Is Your Welcome?
The most successful auto servicers know the welcome call is more than just a formality to perform when a new ...
Lenders Focus on Collections, as Delinquencies Tick Up
Although delinquencies benefited from tax refund season, according to S&P Global’s March U.S. Auto Loan ABS Tracker, 60-day subprime delinquencies ...
CREDIT: Delinquencies Rise, Lenders Tighten Credit
Subprime 60-plus-day delinquencies declined to 4.28% in February, compared with 5.09% in January, according to S&P Global. Year over year, however, ...
3 Ways Data-Driven Analytics Helped Toyota Financial
Toyota Financial Services boosted investment in big data analytics to revamp its collections processes, and it has already yielded results, according to ...
Lenders Beware of ‘Scary Deals,’ Western Funding President Warns
If the auto finance industry continues to see deteriorating conditions like rising LTVs and lengthening loan terms, things could be ...
CREDIT: Subprime Inches Up as Delinquencies Remain ‘Under Control’
Auto loan delinquencies are "under control," despite a continued rise in subprime lending, while recent concern about a so-called subprime ...
