How Protective plans to leverage past F&I acquisitions to make most of upcoming Portfolio addition
Screenshot courtesy of the company.
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Nick Zulovich, Senior Editor
Rick Kurtz, senior vice president and chief distribution officer for Protective Asset Protection, spent a few minutes with Cherokee Media Group on Thursday after the company entered into an agreement to acquire Portfolio Holding and its subsidiaries from Abry Partners. Kurtz shared that he had just chatted with Portfolio leadership about how the latest acquisition […]
The Association of Dealership Compliance Officers (ADCO) and the National Automotive Finance Association both recently rolled out revamped resources to help dealers and finance companies navigate the ongoing task of maintaining processes within state and federal guidelines. ADCO hosted an educational webinar with Association of Finance & Insurance Professionals (AFIP) president Shannon Robertson and Hudson […]
As TransUnion highlighted that originations in that segment already are on the rise, Agora Data this week expanded its dealer funding program to help dealerships better serve near-prime customers, including those with FICO scores of 660 and below. The fintech company providing capital, technology, and portfolio solutions for the automotive industry said its program now […]
TransUnion’s Q3 2026 Credit Industry Insights Report (CIIR) contain details about auto originations that are one quarter in arrears to account for reporting lag. But that probably won’t take away from the significance of what’s happening in subprime that analysts reported on Thursday. Auto loan originations totaled 6.8 million in the second quarter, That’s 2.3% […]