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How agentic AI is impacting collections
Thursday, Feb. 5, 2026, 02:21 PM
Agentic AI is among the slew of topics being bandied about this week at NADA Show 2026 in Las Vegas. The subject also was discussed during Used Car Week 2025 in the same city. Used Car Week Hall of Famer ... Listen Here
The real cost of inaction when it comes to transport fraud
Thursday, Jan. 29, 2026, 03:30 PM
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More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
Thursday, Jan. 29, 2026, 03:30 PM
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here

Wachovia Dealer Services Joins AppOne Platform

Tuesday, Apr. 14, 2009, 12:00 AM
Nick Zulovich
BATON ROUGE, La. — AppOne, a part of Wolters Kluwer Financial Services, announced today that Wachovia Dealer Services, a Wells Fargo Co., has joined its platform. Wachovia Dealer Services, the fifth-largest auto finance company in the nation, will purchase automotive retail ... [Read More]

RouteOne Teams Up with DealerCentric to Assist Dealers

Tuesday, Apr. 14, 2009, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced that it has completed integration with DealerCentric. DealerCentric can enable dealers to capture and convert leads to credit applications and qualify online or offline consumers to specific vehicles and lender programs at the beginning of ... [Read More]

Westlake Financial Enters New State

Tuesday, Apr. 14, 2009, 12:00 AM
Nick Zulovich
LOS ANGELES — Westlake Financial Services recently announced its expansion into a new state — the Louisiana market. This brings Westlake's operations to a total of 36 states. Contracts for Louisiana will be accepted starting April 20. Geoff Branda, vice president of IT ... [Read More]

Fed: Interest Rates at Auto Finance Companies Plummet to New Low

Thursday, Apr. 9, 2009, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The average interest rate on new-vehicle loans at auto finance companies hit an all-time low of 3.17 percent, according to the Federal Reserve this week. As a comparison, unless the latest preliminary statistic is a Federal Reserve typo, ... [Read More]

CPS CEO Says Company Greatly Reducing New-Contract Purchases from Dealers

Thursday, Apr. 9, 2009, 12:00 AM
Nick Zulovich
IRVINE, Calif. — During the fourth quarter of 2008, Consumer Portfolio Services reported it purchased $7.3 million of contracts from dealers, compared with $33.6 million during the third quarter and $265.8 million during the fourth quarter of 2007. Overall for the year, ... [Read More]

Louisiana Credit Union First to Join AppOne’s Credit Union Platform

Thursday, Apr. 9, 2009, 12:00 AM
Nick Zulovich
BATON ROUGE, La. — AppOne, a part of Wolters Kluwer Financial Services, announced that it has added the first credit union on its credit union platform. Joining this platform is Dow Louisiana Federal Credit Union. Using the AppOne platform, DLFCU is ... [Read More]

DBRS Upgrades Three Classes from Two Auto ABS Transactions

Thursday, Apr. 9, 2009, 12:00 AM
Nick Zulovich
NEW YORK — In a bit of positive news, DBRS announced it has upgraded three classes from two auto asset-backed securities transactions. These include: —$4,705,917 Goldman Sachs Auto Loan Trust 2005-1, Class B from AA to AA (high) —$2,449,479 Goldman Sachs ... [Read More]

Ford Cuts Almost $10 Billion in Debt; Rating Agencies Respond

Tuesday, Apr. 7, 2009, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — On Monday, Ford announced that its debt restructuring initiatives will reduce its debt by about $9.9 billion from $25.8 billion. Moreover, the company said this will lower Ford's annual cash interest expense by more than $500 million, which ... [Read More]

Triad Financial Names Director of Portfolio Services

Tuesday, Apr. 7, 2009, 12:00 AM
Nick Zulovich
NORTH RICHLAND HILLS, Texas — Triad Financial recently announced that it has named a new executive to oversee the company's third-party servicing efforts. Taking on this position is Stephen Smith. In his role as director of portfolio servicing, he will manage ... [Read More]

New FICO Scores Could Predict 5-15% More Auto Loan Delinquencies

Tuesday, Apr. 7, 2009, 12:00 AM
Nick Zulovich
MINNEAPOLIS — FICO recently announced the release of its newest scores, which are targeted specifically for the auto lending and bankcard industries. Credit reporting agency TransUnion is making the scores available to lenders and issuers under the names FICO Risk Score, Classic ... [Read More]

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