Foster’s 40-year career now includes being named Repossession Agent of the Year
Wednesday, Oct. 30, 2024, 01:15 PM
NAF Association touts success of Compliance Champions Workshop
Thursday, Oct. 31, 2024, 09:55 AM
New TransUnion research highlights broad interest in refinancing
Wednesday, Oct. 30, 2024, 10:44 AM
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]
S&P Global Ratings explains why impact on auto finance is more insulated compared to other sectors after natural disasters
Tuesday, Oct. 29, 2024, 11:37 AM
SubPrime Auto Finance News Staff
The National Centers for Environmental Information (NCEI) said the 24 confirmed weather disaster events so far this year — including hurricanes Helene and Milton, as well as other storms and a wildfire event — created losses exceeding $1 billion each ... [Read More]
With trailer full of hurricane relief supplies & 1,200-mile journey, Corey Cox pays it forward
Friday, Oct. 25, 2024, 02:03 PM
Joe Overby, Senior Editor
“Now, I’m very familiar with what a war zone looks like,” Corey Cox said. “So, when I say that this was a war zone, it was exactly that.” Cox, who served 13 years in the U.S. military, wasn’t describing overseas ... [Read More]
Opportunity Finance Network & MassMutual Foundation unveil $25M partnership to scale CDFIs
Friday, Oct. 25, 2024, 10:41 AM
SubPrime Auto Finance News Staff
Opportunity Finance Network (OFN) this week announced a strategic, five-year partnership with the MassMutual Foundation to launch the CDFI Innovation Initiative, a new effort designed to drive innovation, scale impact and build new infrastructure for the Community Development Financial Institution ... [Read More]
KeyPoint Credit Union tailors new auto-finance program for ITIN holders
Friday, Oct. 25, 2024, 10:40 AM
SubPrime Auto Finance News Staff
This week, KeyPoint Credit Union — an institution based in Silicon Valley — launched an auto financing program specifically designed for individual taxpayer identification number (ITIN) holders. According to the Internal Revenue Service, an ITIN is a tax processing number ... [Read More]
CFPB finalizes Personal Financial Data Rights Rule
Wednesday, Oct. 23, 2024, 10:45 AM
SubPrime Auto Finance News Staff
On Tuesday, the Consumer Financial Protection Bureau (CFPB) finalized a rule the regulator said will give consumers greater rights, privacy, and security over their personal financial data. The bureau said the Personal Financial Data Rights Rule requires financial institutions, credit ... [Read More]
Where interest rates might be by the end of 2025
Tuesday, Oct. 22, 2024, 10:29 AM
SubPrime Auto Finance News Staff
The federal funds rate set by the Federal Reserve currently sits at 4.75% to 5.00% after policymakers reduced it by 50 basis points in September. Last week during a public appearance at Stanford University, Fed governor Christopher Waller said he ... [Read More]