AUL promotes 2 executives to new positions

SubPrime Auto Finance News Staff

This week, vehicle service contracts administrator AUL Corp. announced the executive promotions today of Bryan Nieves to vice president of national accounts and Henry Paoli to national sales manager. According to Jason Garner, AUL’s senior vice president of sales and business development, both promotions are... Read More

SubPrime Auto Finance News Staff

RateGenius, an online auto refinancing platform, recently reached a milestone by refinancing more than 334,738 installment contracts, saving customers an estimated $350.5 million since its inception in 1999. “It’s gratifying to know that we've helped so many people save such a magnitude of money. Knowing... Read More

SubPrime Auto Finance News Staff

If Richard Cordray wanted to make a triumphant announcement that he was running for governor in Ohio, the Consumer Financial Protection Bureau director passed on the opportunity when he gave a speech on Monday during the Cincinnati AFL-CIO Labor Day Picnic. The prepared remarks Cordray shared didn’t hint at... Read More

SubPrime Auto Finance News Staff

How collections departments can make contact with customers via phone might be impacted by what the Federal Communications Commission is currently reviewing. The agency’s consumer advisory committee is expected to consider a recommendation from its robocalls working group on blocking unwanted calls during its... Read More

SubPrime Auto Finance News Staff

While many of the August auto finance metrics Edmunds compiled and shared remained stable on a year-over-year basis, analysts did spot one rise that should be pleasing to finance companies. Edmunds noticed increases in down payments in August for both new- and used-vehicle transactions, compared to the same month last... Read More

SubPrime Auto Finance News Staff

This week, alternative credit data provider FactorTrust announced a partnership with predictive analytics and digital decisioning company, Enova Decisions, to integrate FactorTrust’s proprietary data into its Colossus digital decisioning platform. Executives highlighted the integration will strengthen Enova... Read More

SubPrime Auto Finance News Staff

Your thumbprint isn’t just for your iPhone any longer. FIS and Equifax recently teamed up to improve consumer experiences by bringing new levels of convenience and security to consumers challenged with maintaining multiple usernames and passwords to protect themselves from financial fraud and identity... Read More

Nick Zulovich, Senior Editor

A recent survey of dealers showed how some operators are struggling to understand the complexities of F&I programs, resulting in limited penetration during vehicle deliveries. Protective Asset Protection, which operates dealer-owned warranty programs (DOWC) and other F&I products for dealers, recently conducted... Read More