Federal authorities secured at least one conviction of an individual orchestrating a complex fraud scheme that could have impacted your dealership or finance company. According to a news release from the U.S. Attorney’s Office for district of South Carolina, Quinae ... [Read More]

One of the leading F&I consultants agreed to begin a new monthly series as part of the Auto Remarketing Podcast. Becky Chernek opened the series by giving her perspectives on what’s changed in the finance office since the pandemic arrived ... [Read More]

On Friday, Westlake Financial highlighted one of its latest philanthropy endeavors. The finance company said it partnered with Ronald McDonald’s 2022 Walk for Kids and donated $72,000, one of the largest donations in southern California thus far. Westlake indicated the ... [Read More]

What’s often been done in special finance departments at physical dealerships now is being leveraged by Carvana — at least in South Carolina. The online used-vehicle retailer said this week that to make its vehicle financing qualification process easier for ... [Read More]

While TransUnion spotted noticeable rises of consumer debt levels in many credit segments, experts also are seeing normalization of delinquencies. That’s the main theme of TransUnion’s Q2 2022 Quarterly Credit Industry Insights Report (CIIR) released on Thursday. “Consumers are facing ... [Read More]

The American Recovery Association’s new leadership tandem made time for this episode of the Auto Remarketing Podcast. Installed earlier this summer, president Vaughn Clemmons and executive director Joel Kennedy offered their perspective on taking these leadership roles for an industry ... [Read More]

Earlier this week, F&I Sentinel made its fourth major move so far this year, announcing its chief financial officer. After landing funding from Calera Capital in February and hiring two former F&I Express executives and adding former Hudson Cook partner ... [Read More]

EFG Companies recently reinforced its educational offerings because the company said its F&I training graduates produce an average of $206,000 in additional annual revenue. To help more industry professionals achieve to that degree, EFG Companies welcomed Kim Kotz-Carroll as vice ... [Read More]

Daniel Parry did not seek to have an economic or political argument about whether the U.S. is officially in a recession. Rather, the co-founder and chief executive officer of TruDecision maintained that risk is in play no matter how well ... [Read More]

CreditMiner and TransUnion now are working together to stop auto finance fraud from happening, beginning with what can happen at dealerships. Last week, the firms announced a new partnership to protect the automotive industry from high dollar losses from synthetic ... [Read More]