While a pair of bankruptcy experts chose to focus on the commercial side of the segment after looking at March filings, overall and individual filings rose again last month, potentially reinforcing what a Prosper Marketplace consumer survey highlighted. According to ... [Read More]

Tricolor has now completed 16 ABS transactions since the company, which focuses on providing auto financing to Hispanics, issued its first securitization in July 2013. The latest securitization unfolded this week, as Tricolor announced a $328 million issuance. According to ... [Read More]

Multiple experts expect bankruptcy filings to continue to rise, especially after another upward drift in February. According to data provided by Epiq AACER, total bankruptcy filings came in at 40,260 in February, marking a 3% increase year-over-year. Filings last February ... [Read More]

Steve Levine of Ignite Consulting Partners made another appearance on the Auto Remarketing Podcast for two reasons. Levine shared how his second book came together to help dealerships with their compliance responsibilities. He also previewed the combined training conferences next ... [Read More]

Advanced Business Computers of America (ABCoA) recently rolled its newest software solution powered by artificial intelligence for buy-here, pay-here and lease-here, pay-here dealerships. Following the launch of AI Collections in Deal Pack DMS, ABCoA introduced AI Sales in cyclCRM, a ... [Read More]

When customers want to buy a car but you can’t get them financed, what do you do? Most retail dealers let them walk out the door to spend their money somewhere else. In this episode of the Auto Remarketing Podcast, ... [Read More]

The U.S. District Court for the Eastern District of North Carolina announced a guilty plea by a buy-here, pay-here dealer who federal officials said ran a Ponzi scheme that resulted in more than 60 investors suffering net losses in excess ... [Read More]