Friday, May 17, 2019 - 10:53am

SubPrime Auto Finance News Staff

Auto/Mate Dealership Systems recently enhanced its product offering aimed at streamlining the sales process and improving the workflow of sales managers F&I managers and office clerks. The company released Deal Closeout, a new feature in the Desk/Mate Module of its dealership management system (DMS). Desk/Mate users... Read More

Friday, May 10, 2019 - 10:19am

SubPrime Auto Finance News Staff

Kroll Bond Rating Agency reported this week that its auto-finance indexes that watch both the non-prime and prime spaces moved in similar directions in April. But a deeper look at the latest data showed some “slightly less sanguine results.” Analysts indicated annualized net losses in KBRA’s Prime... Read More

Thursday, May 9, 2019 - 11:26am

SubPrime Auto Finance News Staff

Now that we’re deep into the second quarter of 2019, GWC Warranty recently offered a refresher in an effort to help dealerships gain more sales traction in the F&I office. With vehicle affordability becoming more a challenge, GWC Warranty emphasized that selling more service contracts and higher... Read More

Wednesday, May 8, 2019 - 11:32am

SubPrime Auto Finance News Staff

Along with handing out five different awards and generating thousands of dollars for an industry-related charity, the American Recovery Association cheered the success of this year’s North American Repossessors Summit (NARS), sponsored by Harding Brooks Insurance. ARA officials highlighted that the 11th annual... Read More

Wednesday, May 8, 2019 - 11:27am

SubPrime Auto Finance News Staff

Another professional accolade was recently given to Tom Hudson. The co-founder of Hudson Cook has been accepted as a Fellow of the American Bar Foundation (ABF). The fellows comprise a global honorary society of attorneys, judges, law faculty and legal scholars whose public and private careers have demonstrated... Read More

Tuesday, May 7, 2019 - 10:28am

SubPrime Auto Finance News Staff

Kevin Kindschi called it a “detour from retirement,” to work with credit unions about product that can help them serve members with subprime credit histories. After retiring from CUNA Mutual following a 30-year career, Kindschi recently joined Open Lending as regional vice president of sales in a territory... Read More

Monday, May 6, 2019 - 10:46am

SubPrime Auto Finance News Staff

For the second time in the past few days, 700Credit finalized another integration; this time with ABCoA so dealerships can answer the question of, “How can we get rid of double-entry and multiple screens when working a deal?” ABCoA has integrated 700Credit’s credit, compliance and pre-screen platforms... Read More

Monday, May 6, 2019 - 10:44am

SubPrime Auto Finance News Staff

An evaluation project started by the Federal Trade Commission nearly four years ago recently came to a conclusion. The FTC recently announced that it has completed its review of the Holder Rule, which protects consumers who purchase goods and services using credit obtained through a merchant. This rule impacts... Read More