PODCAST: PayNearMe on evolving consumer preferences when making payments
Monday, May. 20, 2024, 11:06 AM
Reaction & suggestions following key CFPB victory at Supreme Court
Friday, May. 17, 2024, 10:38 AM
TransUnion analysis reinforces affordability challenges, especially in below-prime
Thursday, May. 16, 2024, 10:35 AM
Jim Bass to receive Jack Tracey Pinnacle Award
Wednesday, May. 15, 2024, 12:41 PM
Nick Zulovich, Senior Editor
Last year, the National Automotive Finance Association established the Jack Tracey Pinnacle Award to recognize a professional at a member organization with enduring service to the non-prime auto finance industry. The award is named in honor of one of the ... [Read More]
Launcher & Gestalt Tech partner for enhanced credit data storage, reporting & analytics
Wednesday, May. 15, 2024, 11:47 AM
SubPrime Auto Finance News Staff
Last week, Launcher Solutions announced an integration partnership with Gestalt Tech and its SaaS data warehouse that can empower finance companies to take advantage of the market trends in analytics, artificial intelligence and automation. The companies said this collaboration can ... [Read More]
Open Lending & Core Specialty Insurance Holdings form partnership
Wednesday, May. 15, 2024, 11:44 AM
SubPrime Auto Finance News Staff
Open Lending Corp. recently partnered with Core Specialty Insurance Holdings, enabling Core Specialty to begin providing credit default insurance policies for Open Lending’s Lenders Protection platform. Open Lending interim CEO Chuck Jehl said through a news release, “One of the ... [Read More]
Access to auto credit tightened slightly in April
Tuesday, May. 14, 2024, 09:53 AM
SubPrime Auto Finance News Staff
Perhaps if your tax season didn’t meet your shop’s expectations, the latest reading of the Dealertrack Credit Availability Index could help explain why. Cox Automotive reported last week that the index declined to 93.8 in April, which was down 0.7% ... [Read More]
‘Extraordinary milestone’ for ComplyAuto by welcoming Miller
Monday, May. 13, 2024, 11:16 AM
SubPrime Auto Finance News Staff
ComplyAuto reached an “extraordinary milestone” on Monday, announcing that former National Automobile Dealers Association regulatory expert Brad Miller is joining the company as chief regulatory and compliance officer and head of legal. Miller spent more than 16 years at NADA ... [Read More]
PODCAST: NAF Association update with executive director Jennifer Martin
Monday, May. 13, 2024, 11:15 AM
SubPrime Auto Finance News Staff
National Automotive Finance Association executive director Jennifer Martin had a lot of positive developments to share in this episode of the Auto Remarketing Podcast. The organization is using technology to grow and serve its membership while also preparing for a ... [Read More]
Hyundai captive settles with DOJ over alleged SCRA infractions
Friday, May. 10, 2024, 10:14 AM
SubPrime Auto Finance News Staff
The Justice Department and Hyundai’s captive finance company settled allegations this week involving repossessed vehicles. Officials announced on Wednesday that Hyundai Capital America has agreed to pay $333,941 to resolve allegations that it violated the Servicemembers Civil Relief Act (SCRA) ... [Read More]