
Fed ‘in a tough spot,’ while a ‘very long summer’ could be ahead
Thursday, Jun. 19, 2025, 10:31 AM

FTC addresses frequently asked questions connected with Safeguards Rule and dealers
Monday, Jun. 16, 2025, 08:16 PM

AFSA expresses major concerns about changes involving FTC’s Holder Rule
Friday, Jun. 13, 2025, 11:27 AM
Dobbins’ newest software offering designed to unify financing, sales & service
Wednesday, Mar. 12, 2025, 09:45 AM
SubPrime Auto Finance News Staff
Allen Dobbins is back in the automotive software space. On Tuesday, Dobbins led the launch of Emotive ERP, an all-in-one software platform specifically designed for independent auto finance companies Having previously built and orchestrated operations at AutoStar Solutions, Sigma Payment ... [Read More]
PODCAST: GM Financial’s Paul Gillespie reflects on upcoming retirement & career of more than 40 years
Tuesday, Mar. 11, 2025, 10:00 AM
SubPrime Auto Finance News Staff
Paul Gillespie has been involved with banking and auto finance for more than 40 years. He was an executive at AmeriCredit when General Motors purchased the company 15 years ago to form GM Financial. Gillespie’s installment contract is about to ... [Read More]
COMMENTARY: Projecting impact on repossessions as debt burdens grow
Monday, Mar. 10, 2025, 09:51 AM
Andy Sinclair, Repo Report
During tax season, the auto-repossession sector typically sees a dip in repossessions as customers receive additional cash and pay down their obligations. Recent data from Fitch Ratings and the Federal Reserve Bank of New York indicate a concerning rise in ... [Read More]
Protective Asset Protection launches hybrid solution that combines benefits of reinsurance and dealer-owned warranty companies
Friday, Mar. 7, 2025, 10:07 AM
SubPrime Auto Finance News Staff
Protective Asset Protection unveiled another wealth-building program option for dealerships on Thursday. Called the Protective DOWC Re Program, the company highlighted this solution merges the best of traditional reinsurance with the benefits of a Protective dealer-owned warranty company (DOWC), giving ... [Read More]
Reynolds’ O’Loughlin inducted in F&I Hall of Fame
Friday, Mar. 7, 2025, 10:06 AM
SubPrime Auto Finance News Staff
Terry O’Loughlin, director of compliance for Reynolds Document Services, is now a Hall of Famer. Reynolds and Reynolds highlighted this week that O’Loughlin has been inducted into the F&I Hall of Fame by the Bobit Dealer Group. During the inductee ... [Read More]
Why car business currently faces ‘noise’ and ‘chaos’
Thursday, Mar. 6, 2025, 10:27 AM
Nick Zulovich, Senior Editor
Experts are using words such as “noise” and “chaos” when describing developments coming out of Washington and what consumers are currently thinking as they try to explain what might unfold next in the car business and the general economy. Bottom ... [Read More]
From the editor: 20 honorees among 2025 Women in Collections and Recoveries
Wednesday, Mar. 5, 2025, 01:50 PM
Nick Zulovich, Senior Editor
Cherokee Media Group is proud to recognize this year’s Women in Collections and Recoveries, presented by American Recovery Service. We were privileged to receive a record number of nominations for this program, leading to 20 industry leaders being recognized. The ... [Read More]
MBSi unveils new tool to automatically verify lienholder changes to avoid wrongful repossessions
Wednesday, Mar. 5, 2025, 09:39 AM
SubPrime Auto Finance News Staff
With wrongful repossessions costing finance companies and forwarders up to an estimated $1 million annually, MBSi has introduced a solution which significantly reduces lien lost risk and associated costs. MBSi highlighted on Tuesday that Lien Verification is a new product ... [Read More]
Former Corpay, Primeritus exec now COO of Resolvion
Wednesday, Mar. 5, 2025, 09:38 AM
SubPrime Auto Finance News Staff
Resolvion has a new chief operating officer. On Tuesday, the repossession management company announced that it has appointed Darren Stavely as its COO. With more than 20 years of experience in operations, finance, and customer service, Resolvion highlighted that Stavely ... [Read More]
Hoffman becomes president of APCO Holdings
Tuesday, Mar. 4, 2025, 10:14 AM
SubPrime Auto Finance News Staff
APCO Holdings named Courtney Hoffman as its president on Tuesday. The provider of F&I products — and home to the EasyCare, GWC Warranty, Crystal Fusion and Rider’s Advantage brands — said Hoffman will also continue leading the revenue channel and ... [Read More]
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