NEWS EVENTS

75th Annual NIADA Convention

We’re Here, and Anxious to Get this Convention Started! Setting up for the 75th Annual NIADA Convention & Expo on a warm, summer day, and it’s great to see things getting underway at their first in-person, major event since 2019.
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Inventory Shortages - Advantage Automotive Analytics

Supply Shortages, Soaring Prices

“It’s a perfect storm of used vehicle demand meeting a perfect drought of used vehicle supply.” That was the word from Tom Kontos, Chief Economist, KAR Global, in his latest update regarding current used vehicle market conditions.
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Debt Collection Improvement Act

The House of Representatives May 13 passed the Comprehensive Debt Collection Improvement Act (H.R. 2547) by a vote of 215-207. The bill would expand the definition of a “debt collector” and increase risks to lenders.
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Alerts and Notifications - Advantage Automotive Analytics

Proactive Risk Avoidance

Modern analytics arm finance professionals with access to high-risk indicators, in real time. This must-have information identifies important triggers and proactively sends notifications of high-risk events.
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Predictive Analytics - Future Funding & Protection - Advantage Automotive Analytics

Predictive Analytics

Automotive analytics solutions now support forward-looking risk management to more accurately measure lenders’ risk exposure. These AI solutions with predictive analytics can assist lenders improve forecasting, optimize performance, reduce portfolio risks, and ultimately increase net profit.
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AI Technology - Modern Automotive Analytics - Advantage GPS

AI Technology – Transforming Auto Finance

Machine learning and Artificial Intelligence (AI) has transformed the automotive asset finance industry, and now it has become a standard in the deep subprime and BHPH marketplace. Finance professionals can allow machine learning to assist with underwriting, collections, and service maintenance to maximize portfolio performance.
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