5 components of Treasury Department’s National Strategy for Financial Inclusion
Wednesday, Nov. 6, 2024, 11:10 AM
Experts give auto-finance outlook after another Fed rate cut & Trump election victory
Friday, Nov. 8, 2024, 11:13 AM
Results & recommendations from federal audit of CFPB’s information security program
Thursday, Nov. 7, 2024, 10:49 AM
ARA still accepting nominations for 9 industry awards
Wednesday, Nov. 6, 2024, 12:12 PM
SubPrime Auto Finance News Staff
The American Recovery Association is still collecting nominations for nine industry awards that will be given at the 2025 North American Repossessors Summit. ARA will gather nominations through Friday for the accolades to be announced during the event that’s on ... [Read More]
CPS sees savings of $1M per quarter using SentiLink’s fraud prevention tools
Monday, Nov. 4, 2024, 10:43 AM
SubPrime Auto Finance News Staff
On Monday, Consumer Portfolio Services recapped the success stemming from its decision to partner with SentiLink, a provider of advanced identity verification and fraud detection solutions. The subprime auto finance company said the partnership enabled CPS to improve its fraud ... [Read More]
FTC now sending more than $1M to impacted customers of Wisconsin dealer group
Monday, Nov. 4, 2024, 10:43 AM
SubPrime Auto Finance News Staff
Roughly a year after a Wisconsin auto dealer group was penalized by the Federal Trade Commission and the Wisconsin attorney general for what authorities deemed to be discriminatory F&I activities, the FTC is beginning to send more than $1 million ... [Read More]
NAF Association touts success of Compliance Champions Workshop
Thursday, Oct. 31, 2024, 09:55 AM
SubPrime Auto Finance News Staff
The National Automotive Finance Association orchestrated another successful event this week. The focus again was compliance. NAF Association officials said more than 50 auto finance professionals gathered in Irving, Texas, for their Compliance Champions Workshop. They said attendees engaged in ... [Read More]
Foster’s 40-year career now includes being named Repossession Agent of the Year
Wednesday, Oct. 30, 2024, 01:15 PM
Nick Zulovich, Senior Editor
Auto finance usually isn’t a dangerous profession. But being a repossession agent certainly can be when delinquent contract holders respond with violence as the recovery professional is tasked with taking back the collateral for failure to stay current on monthly ... [Read More]
New TransUnion research highlights broad interest in refinancing
Wednesday, Oct. 30, 2024, 10:44 AM
SubPrime Auto Finance News Staff
The customer who took delivery at your dealership a year or more ago might still like the vehicle but not the monthly payment. With the rates appearing to be on a downward path, TransUnion wanted to gauge consumer interest in ... [Read More]
AutoPayPlus continues workforce development with promotion of national sales director
Wednesday, Oct. 30, 2024, 10:40 AM
SubPrime Auto Finance News Staff
AutoPayPlus by US Equity Advantage made its fourth move so far this year connected with its workforce. On Tuesday, the automated financial concierge service provider announced the promotion of Damon Walker to national sales director. In this position, AutoPayPlus said ... [Read More]