Asset Tracking Technology’s clients throughout the Midwest will continue to benefit from Advantage’s expertise in automotive analytics and advanced GPS tracking technology
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.
“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.
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.
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.
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.
