SubPrime Auto Finance News Staff

Back in October, New York Mayor Bill de Blasio signed a package of legislation giving the city’s Department of Consumer Affairs (DCA) additional regulatory muscle to combat what officials described as “predatory financing practices in the used-vehicle industry.” While those new laws go into effect... Read More

SubPrime Auto Finance News Staff

This week, vehicle service contracts administrator AUL Corp. announced the hiring of Paul Leary to be the business development manager for the company’s Central Region. According to Jason Garner, senior vice president of sales and business development of AUL Corp., Leary will be operating from Columbus, Ohio, and... Read More

SubPrime Auto Finance News Staff

TrainAndCertify.org, which offers education programs for sales and customer service reps in various consumer-centric industries, on Thursday announced the availability of its Certified Vehicle Protection Professional (CVPP) certification program. TrainAndCertify.org explained that it established the CVPP program via the... Read More

Why floor-plan financing is ripe for growth in 2018

SubPrime Auto Finance News Staff

Perhaps finance providers that do not have as much margin for risk as other market players see businesses as a safer bet than consumers in the auto-finance space. New analysis from White Clarke Group that looks ahead to what might happen in 2018 showed that the re-emergence of small and regional banks looking to expand... Read More

SubPrime Auto Finance News Staff

A pair of users who have deployed Recovery Connect, MBSi’s next generation recovery assignment management platform, described the successes each one has enjoyed with the solution. To recap, the Recovery Connect mobile app can connect finance companies with recovery agents in real-time allowing both to make... Read More

SubPrime Auto Finance News Staff

With data security on the minds of finance company executives nowadays, LAUNCHER.SOLUTIONS took the steps to negate any apprehension its clients might have. LAUNCHER.SOLUTIONS, creator of appTRAKER Loan Origination System, recently announced it has successfully met all security requirements for its Experian Independent... Read More

Space Coast Credit Union names new CFO and SVP

SubPrime Auto Finance News Staff

Space Coast Credit Union — with more than 380,000 members and assets of over $3.9 billion — recently announced the appointment of Hilary Eisbrenner to be chief financial officer and senior vice president. A 27-year veteran of the credit union industry and certified public accountant, Eisbrenner joined SCCU... Read More

5 F&I predictions for 2018 from EFG Companies

SubPrime Auto Finance News Staff

Now that the Thanksgiving turkey has been devoured and the holiday season is in full swing, EFG Companies is looking ahead to 2018, offering its predictions and recommendations for the retail automotive and powersports F&I market. Company leaders highlighted these insights, formed through thousands of conversations... Read More