Wednesday, July 17, 2019 - 12:40pm

SubPrime Auto Finance News Staff

The American Recovery Association is looking to help members with one of the most important benefits repossession agencies can offer their employees. This week, ARA, in partnership with Harding Brooks Insurance Agency, announced the newest member benefit: a national, cost-effective health insurance program open to all... Read More

Wednesday, July 17, 2019 - 12:20pm

SubPrime Auto Finance News Staff

Consumers who might be connected to an installment contract in your portfolio could be a little uneasy about staying current even as the latest reading showed defaults stayed steady. Middle-class Americans are less optimistic about their ability to achieve upward mobility than they were six months ago, according to new... Read More

Wednesday, July 17, 2019 - 12:17pm

SubPrime Auto Finance News Staff

Human resources expert and National Automotive Finance Association board member Don Jasensky of Automotive Personnel recently shared seven activities of a job candidate who might be a future high performer for your dealership or finance company. Jasensky leveraged his 30 years of interviewing candidates and following up... Read More

Tuesday, July 16, 2019 - 10:58am

SubPrime Auto Finance News Staff

Steady is an adjective that certainly summarizes the latest default data discovered by S&P Dow Jones Indices and Experian. According to the latest update released on Tuesday, all of the segments included in the S&P/Experian Consumer Credit Default Indices remained unchanged in June compared to the previous... Read More

Monday, July 15, 2019 - 10:54am

SubPrime Auto Finance News Staff

Perhaps involving consumers who also have installment contracts with subprime auto finance providers, the Consumer Financial Protection Bureau and the Federal Trade Commission each announced enforcement actions against firms the regulators deemed to be orchestrating fraudulent debt-relief programs. Over at the CFPB, the... Read More

Friday, July 12, 2019 - 11:27am

SubPrime Auto Finance News Staff

Kroll Bond Rating Agency (KBRA) announced four senior personnel changes to the teams at its New York office that monitor securitizations and the auto asset-backed securities market. According to a news release distributed on Friday, Anthony Nocera, co-head of the ABS Group, has decided to transition to a senior advisory... Read More

Thursday, July 11, 2019 - 10:47am

SubPrime Auto Finance News Staff

Colonnade Securities offered an extended examination of the below-prime auto finance industry this week, identifying what the independent investment bank focused on the financial services and business services sectors believes are four factors currently impacting the space most. According to the report, the fundamentals... Read More

Wednesday, July 10, 2019 - 9:42am

SubPrime Auto Finance News Staff

ALS Resolvion is reinforcing its commitment to being a mobile company, citing two specific reasons for an updated strategy. The provider of national repossession management services recently announced that it has fully implemented what the company believes is the industry’s first “mobile only”... Read More