SubPrime Auto Finance News Staff

The American Recovery Association (ARA) announced a new partnership on Friday with Recovery Database Network (RDN), a business unit of KAR Auction Services. The organizations highlighted the agreement will help finance companies manage and monitor vendor compliance by integrating ARA’s Compliance Monitoring System... Read More

SubPrime Auto Finance News Staff

Loan Portfolio Servicing (LPS) this week announced the latest expansion of the company’s rideshare portfolio servicing platform, making LPS one of the biggest and most experienced rideshare servicers in the nation. Most recently, LPS was retained to service 7,000 rideshare leases belonging to two different... Read More

Gauging auto finance impact of Equifax data breach

Nick Zulovich, Senior Editor

It’s been a week since Equifax acknowledged a cybersecurity incident where criminals exploited a U.S. website application vulnerability to gain access to certain files, potentially impacting approximately 143 million U.S. consumers. And experts like PointPredictive chief fraud strategist Frank McKenna are still... Read More

RoadVantage releases non-branded F&I education videos

SubPrime Auto Finance News Staff

RoadVantage wants educated customers arriving at dealership finance departments, so the F&I program provider rolled out a series of educational videos that are free and not tied to a specific provider brand. RoadVantage acknowledged some providers offer proprietary branded product videos. But if a dealership carries... Read More

SubPrime Auto Finance News Staff

Del Mar Recovery Solutions is sharpening both its look and approach to better serve the entire auto finance space. The provider of national repossession management, skip-tracing, remarketing, license plate recognition and specialty recovery services is making significant strategic investments to support its growth... Read More

Hudson Cook broadens footprint into Texas

SubPrime Auto Finance News Staff

Hudson Cook now has a legal team in the Lone Star State. This week, Hudson Cook expanded its nationwide footprint by adding a new office in the Dallas/Fort Worth metroplex. The office in downtown Fort Worth opened on Aug. 16. This location is the firm’s first office in Texas and 13th office nationwide. Partner... Read More

SubPrime Auto Finance News Staff

The analyst team at S&P Global Ratings asked a question that perhaps many other finance company leaders and auto finance observers have pondered. In fact, the question turned into the title of the firm’s latest report, “After Two Decades On The Road, What’s Driving Rating Stability In Subprime Auto... Read More

Spireon claims another honor for customer service

SubPrime Auto Finance News Staff

Spireon gets to add another honor to its mantle. The company recently received the prestigious Gold award for customer service in the 2017 Golden Bridge Awards; a program that encompasses the world’s best in organizational performance, innovations, products and services. The win marks the second award that... Read More