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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

More Small Dealerships Seek Higher Credit Lines

Tuesday, Jan. 29, 2008, 12:00 AM
Nick Zulovich
NORTHFIELD, Ill. — A recent poll by the Small Business Research Board indicates that more dealers are seeking to increase their lines of credit this year, with almost one-third saying they expect to ask their principal lenders to raise loan limits. ... [Read More]

Finance Express Adds Two New Subprime Lenders to Platform

Tuesday, Jan. 29, 2008, 12:00 AM
Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express recently announced the addition of two more subprime lenders to its platform. Barnett Finance currently serves North Carolina and Virginia and said it has plans to expand to other states in the near future. ... [Read More]

Credit Acceptance Reports Modification to Line of Credit

Tuesday, Jan. 29, 2008, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance Corp. recently announced that it has increased the amount of its line of credit facility with a commercial bank syndicate from $75 million to $133.5 million. In addition, officials said the maturity of the line of ... [Read More]

Compli Reaches New Milestone Thanks to Dealers

Thursday, Jan. 24, 2008, 12:00 AM
Nick Zulovich
PORTLAND, Ore. — Compli recently announced that its dealer clients have surpassed 2.1 million processed policies, trainings and assessments on its dealership compliance management system. "We are pleased to arrive at this milestone, which is a remarkable 100-percent annual increase for ... [Read More]

Ford Credit Explains Reasons for Year-Over-Year Net-Income Decline

Thursday, Jan. 24, 2008, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — This morning, Ford Motor Credit Co. reported that its net income for 2007 was down by $508 million when compared with 2006. Overall, net income came in at $775 million for the year, compared with $1.283 billion a year earlier. ... [Read More]

In Preparation of Going National, Resurgent Auto Finance Applies Fiserv Services

Thursday, Jan. 24, 2008, 12:00 AM
Nick Zulovich
BROOKFIELD, Wis. — Fiserv recently announced that non-prime lender Resurgent Auto Finance is now utilizing Fiserv Automotive Solutions' loan origination system and decisioning technology. Resurgent Auto Finance, based in Greenville, S.C., was established in September 2007. It specializes in providing funding ... [Read More]

Economic Troubles Force AmeriCredit to Reevaluate

Thursday, Jan. 24, 2008, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — Higher-than-anticipated credit losses in AmeriCredit's subprime and near-prime portfolios, compounded by weaker recovery rates, are leading the company to trim dealer relationships, tighten lending requirements, reduce expected originations and cut staffing. Basically, the company is reevaluating its ... [Read More]

Bankruptcy Filings Soar Over 2006, Officials Predict Continued Climb

Tuesday, Jan. 22, 2008, 12:00 AM
Nick Zulovich
PHOENIX, Ariz. — Full-year consumer bankruptcy filings jumped 40 percent throughout the country in 2007 over the previous year, according to the National Bankruptcy Institute. The statistics revealed that consumer filings for the year reached 801,840, compared with 573,203 in 2006. "The ... [Read More]

Westlake Financial Expands to Encompass Two More States

Tuesday, Jan. 22, 2008, 12:00 AM
Nick Zulovich
LOS ANGELES — Westlake Financial Services is calling 2008 a year of growth. Accordingly, the company announced it is expanding its reach into two more states. With the addition of Wyoming and Tennessee, the company is now offering services in 31 ... [Read More]

U.S. Bank, Union Bank & Trust Join RouteOne’s Platform

Tuesday, Jan. 22, 2008, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced Monday that U.S. Bank, the sixth largest commercial bank in the United States, has joined its increasing list of finance sources on its Web-based credit application management system. U.S. Bancorp, with $238 billion in assets, ... [Read More]

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