PassTime Blog: Auto Finance

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Is Exceptional Customer Service Included with Your GPS Solutions Provider?

Value has a greater return than cost. In fact, true value sits at the intersection of your time, energy and money. What’s the secret to true value? Exceptional customer service. And it should come standard as part of your GPS tracking devices. But the question is, are you getting the best customer service with your […]

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How Reliable is Your GPS Tracking System?

Throughout modern history, we’ve often associated technology with progress as a continuous but positive movement. But of course, there are two sides to the coin and in some cases, technology can create as many problems as it aims to solve. When it comes to protecting your vehicle assets, you need the most reliable and best […]

A man using a GPS tracking mobile app

3 Biggest Impacts of GPS in Auto Collections

Technology in the subprime automotive finance market to assist in collections and repossessions has been widely adopted. First introduced decades ago, just about everyone in the industry is using GPS/collection technology to track assets, send payment reminders with the goal of improving both the collections process and the recovery process when needed. GPS (Global Positioning […]

Cars in a parking lot

Are Your Collections Stuck in the Pre-Technology Era?

Pre-Technology Era of Collections BHPH dealers and subprime auto finance companies who have been around for awhile are all too familiar with the typical process of trying to collect weekly, bi weekly or monthly payments from their subprime customers. When a payment due date approaches, collectors analyze the accounts they are responsible for to see […]

Finance dealer handing customer keys

5 Auto Finance Collection Strategies for Reducing Delinquent Payments

With the average auto loan term at 69 months for new vehicles and 65 months for used vehicles, auto finance collection strategies may be as important as ever. And even with longer loan terms, car buyers are falling behind in their payments. As reported in 2019, there were more than 7 million Americans with auto […]

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