Servicing Solutions and masterQueue are both involved with Repo Con at Used Car Week 2018 — Education, Celebrations, Technology and Connections — and now the companies are partnering to help finance companies with collections, too. Servicing Solutions, which specializes in ... [Read More]

Both Spireon and AUL Corp. added to their award collections this week. Spireon was named Internet of Things (IoT) Innovator in auto dealer management by Compass Intelligence for 2018. And AUL was named winner of both a Gold and Bronze ... [Read More]

Allied Solutions, one of the presenting sponsors of Used Car Week 2018, now has a closer relationship with Location Services, which also just acquired commercial consignor Remarketing of America to enhance its risk management and other offerings to auto-finance clients. ... [Read More]

A member of the SubPrime 175 is enhancing its resources to maintain compliance with state and federal guidelines to better serve its auto-finance clients. Victory Recovery Services, a provider of skip-tracing and national repossession management for creditors with collateral secured ... [Read More]

When reacting to this week’s trade announcement coming from the White House, one of Edmunds experts cautioned that, “Given that new-vehicle prices are already stretched to record highs, things could take an ugly turn for consumer wallets, especially considering the ... [Read More]

Two of the largest repossession organizations are set to become one group. According to an announcement sent to SubPrime Auto Finance News on Tuesday morning, the American Recovery Association (ARA) and Time Finance Adjusters (TFA) are joining together. The statement ... [Read More]

When roughly 70 percent of its applications resulted in turn downs, Prestige Financial Services responded by taking a significant step toward using machines instead of human manpower to examine applications and finalize underwriting. ZestFinance, a leading artificial intelligence (AI) software ... [Read More]

One of the presenting sponsors of Used Car Week 2018 recently collected another accolade. Jayne Bronchetti, president of Millennium Capital and Recovery Corp., has been named one of Profiles in Diversity Journal’s Women Worth Watching for 2018 based on her ... [Read More]

The Federal Open Market Committee at the Federal Reserve voted unanimously to push the target range for the federal funds rate to 2 percent to 2.25 percent. Wednesday’s development marked the fourth rate hike this year, building expectations for at least ... [Read More]

Perhaps individuals not only are in position to take on automotive debt, but they also have sureness regarding the wherewithal to maintain monthly payments on their retail installment sales contracts. In fact, a leading indictor hasn’t been this high in ... [Read More]