SubPrime Auto Finance News Staff

This past week, the House of Representatives passed two strongly bipartisan bills from the Financial Services Committee, one of which could have a significant impact on auto financing. Lawmakers highlighted that H.R. 3299 — the Protecting Consumers’ Access to Credit Act of 2017 — clarifies current law... Read More

Lou Loquasto, Equifax

Reading headlines from major media outlets this past summer, it might seem as though auto finance companies didn’t understand the importance of verifying income and employment information provided by applicants. Everything was written from auto finance companies being fraudsters to the auto industry being the... Read More

Neeb takes over as CEO of ACA International

SubPrime Auto Finance News Staff

This week, Mark Neeb officially became the chief executive officer of ACA International, the Association of Credit and Collection Professionals. Neeb brings to the association nearly 40 years of corporate strategy experience, including 28 years specifically working in the credit and collection industry. He is intimately... Read More

SubPrime Auto Finance News Staff

GWC Warranty, a provider of used-vehicle service contracts sold through dealers, recently received two awards recognizing it as a top employer both nationally and locally in the greater Wilkes-Barre area of northeastern Pennsylvania. First, GWC Warranty was recognized nationally by the National Association of Business... Read More

SubPrime Auto Finance News Staff

Credit unions continue to make significant strides in booking retail installment sales contracts and vehicle leases. CU Direct and GrooveCar’s CU Xpress Lease recently highlighted just how much success they enjoyed in 2017. In fact at CU Direct, 2017 represented a record-breaking year. Credit unions funded... Read More

3 goals of CFPB’s revamped strategic plan

SubPrime Auto Finance News Staff

It’s been a busy start to 2018 at the Consumer Financial Protection Bureau, especially since acting director Mick Mulvaney took office.  First came multiple waves of requests for information about how the bureau is performing. Then on Monday, the CFPB highlighted three primary goals within its five-year... Read More

SubPrime Auto Finance News Staff

TagRail recently finalized the integration of Market Scan and F&I Express services into its new digital retail platform. Now TagRail’s platform can provide shoppers a transactional-specific, penny-accurate vehicle finance and aftermarket product check-out and delivery experience from their living room to the... Read More

Nominations now welcomed for The CEO Issue 2018

SubPrime Auto Finance News Staff

It’s time again when SubPrime Auto Finance News engages with the industry for one of our most successful annual projects — "The CEO Issue." In an ongoing effort to recognize the chief executive officers who are flourishing in today’s competitive marketplace, SubPrime Auto Finance News is... Read More