ACA International, the association of credit and collection professionals, released a new white paper this week. The paper titled, “Business Practices and Capabilities within the Debt Collection Industry,” examines the potential impact of additional Consumer Financial Protection Bureau regulatory measures on member organizations and the debt collection industry. “The Small Business Administration Office of Advocacy […] [Read More]

The Federal Communications Commission Enforcement Bureau and the Canadian Radio-Television and Telecommunications Commission recently finalized a formal agreement, committing the two agencies to work together to combat what they deem to be unlawful robocalls. Officials explained the Memorandum of Understanding represents the FCC’s commitment to working cooperatively with international regulators to combat robocalls and caller […] [Read More]

CU Xpress Lease announced it’s hosting a webinar on leasing entitled, “Why Lease? Why Now? It’s time for more credit unions to enter the auto lease market,” on Thursday. The webinar is open to all credit unions who want to learn more about the CU Xpress Lease process and how the program could capture more […] [Read More]

TransUnion’s Q3 2016 Industry Insights Report powered by Prama analytics showed auto finance delinquency, for consumers 60 days or more past due, reached 1.33 percent during the third quarter, up from 1.19 percent in Q3 of 2015. The report indicated that 38 of the 50 states posted year-over-year delinquency rises of more than 10 percent. Making […] [Read More]

The leasing market keeps moving toward a point where less than $100 per month will put someone into a vehicle. The closest deal to that figure this month according to Wantalease.com is the Nissan Sentra SV currently being offered at $109 per month, down from $129 just a month earlier. Site officials highlighted there are 13 […] [Read More]

A preview of some of the enlightening discussions on tap for this year’s Re3 Conference presented by MBSi Corp. is scheduled for the final edition of Used Car Week Live. The online video event set for 2 p.m. ET next Thursday will include Cort DeHart, who is both vice president of business development at Agero and […] [Read More]

Auto Remarketing and SubPrime Auto Finance News have announced the winner of this year’s Re3 Executive of the Year Award, which is being presented by Consolidated Asset Recovery Systems (CARS). The honoree who will be presented with the accolade at the Re3 Conference during Used Car Week is Jerry Shelby, who is the director of […] [Read More]

On Wednesday, the Consumer Financial Protection Bureau updated its compliance bulletin on service providers, which can include skip-tracers, repossession agents and other firms that provide assistance during the recovery process. According to what the CFPB published through the Federal Register, an amendment was needed to clarify that supervised entities have flexibility, allowing for appropriate risk […] [Read More]

On Tuesday, Auto Financial Group — an online provider of innovative financing products for credit unions and banks — started to offer a vehicle leasing option in addition to its popular walk-away balloon loan program. The leasing option is available in nine states, with more states coming in the future. Dealerships can take advantage of […] [Read More]

DataMentors LLC, a provider of data-as-a-service (DaaS) and right time marketing, has launched an auto lease expiration data solution available through its Relevate Auto business line. Access to names and addresses of people whose auto leases are nearing expiration gives automotive marketers a unique data set to target consumers who may soon be in market […] [Read More]