Collections Is A Race Against Time
“I believe there’s never been a more important time to embrace FinTech than now” Collections is a race against time ! By Bill Ploog Former EVP of Auto Loan Servicing at ALLY Financial As earnings season gets into full swing over the coming weeks, it will be interesting to see the year-over-year (YoY) trend of rising auto loan delinquencies and losses. It has been widely communicated that delinquency rates were rising among subprime auto loans, while overall auto loan delinquency rates were low and relatively flat. News articles on the subject focus on the changes in the ratios (rates). I […]
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