In response to company growth, LeasePlan USA announced Tuesday it has hired a new vice president of client relations regional sales. Bringing over 18 years of professional fleet management experience to the role is George Hodge, who is now responsible for strategically guiding fleets to reduce costs and create efficiencies for a portfolio of accounts […] [Read More]

Both Allied Finance Adjusters and the American Recovery Association highlighted ways repo agencies can get involved in upcoming events. First on Wednesday and Thursday, ARA is hosting two sessions of its monthly webinar training series. This week’s sessions are set to feature Dave Kennedy, who is the chief executive officer of First Credit Resources based […] [Read More]

As Kelley Blue Book spotted softening activity both on the retail and wholesale sides associated with the German OEM, Wantalease.com highlighted that Volkswagen is among several automakers continue to offer aggressive vehicle lease deals for less than $150 per month. Current deals on the Jetta S stand at $139 monthly, and the Passat 1.8T Limited […] [Read More]

ADESA subsidiary Recovery Database Network (RDN) promoted one of its executives to be chief operating officer on Tuesday. Taking over the role is Holly Balogh, who joined RDN back in 2012. “RDN continues to strengthen its position as a leading vehicle recovery software solution. The company serves more customers than ever before, including many of […] [Read More]

Swapalease.com reported lease credit approvals have finished above 80.0 percent approvals mark during the last three months. The development marks the first time approvals have shown this level of success in more than two years. So far in 2015, site officials indicated, lease credit approvals rate have moved up to 72.2 percent. The site also pointed […] [Read More]

New analysis from the Mercatus Center at George Mason University reviewed the law and economics of consumer debt collection and its regulation. The expert who compiled the report insisted that the Consumer Financial Protection Bureau should consider all the potential consequences of new regulation — both intended and unintended — to ensure that it will benefit […] [Read More]

The JM&A Group has renewed its agreement with Kia Motors America. Partnered since 2007, JM&A will continue to offer the Kia Distinction branded F&I products and extended warranty services. According to JM&A, 716 Kia dealers offer at least one of JM&A’s products, with more than 400 utilizing at least five of its offerings. “We are […] [Read More]

Cox Automotive has made another executive-level move, this time appointing Brian Geitner as president of financial services and NextGear Capital. Geitner, who was already president of NextGear, receives these expanded duties as Patrick Brennan, who had been group vice president of finance services, became Cox Automotive’s senior vice president of operations and chief integration officer […] [Read More]

Re3 Conference sponsor Del Mar Recovery Solutions recently partnered with Vendor Transparency Solutions in another step to enhance its compliance management systems. Executive explained this move will increase Del Mar’s level of compliance and quality of services it provides to the lending and financial services community. This partnership is geared to provide a series of […] [Read More]

In light of the Consumer Financial Protection Bureau handing out a $44 million enforcement action against Westlake Financial Services for its debt collection practices, BellesLink founder Paul Kulas offered five reasons why these methods that regulators find to be non-compliant aren’t that successful anyway. In a blog post published three days ahead of the CFPB […] [Read More]