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Expectations for repossessions in the US & Canada with Purr’s Chris Schellenberger
Wednesday, Jan. 14, 2026, 07:48 PM
Purr founder and CEO Chris Schellenberger opened Used Car Week 2025 on the Live Stage presented by SYCN Auto Logistics. Schellenberger, whose unique business model offers a retail consignment platform for repossessed vehicles, discussed what the repo industry could be ... Listen Here
Robert Guerrero of ClaimBuyout on inventory opportunities for dealers via repairable vehicles
Tuesday, Jan. 13, 2026, 07:19 PM
Robert Guerrero spent nearly 14 years as an executive with Insurance Auto Auctions, so he understands the complexities of damaged vehicles, distraught owners, auto insurers and repair shops. Now as the president and co-founder of ClaimBuyout, Guerrero explained how damaged ... Listen Here
Protecting yourself when it comes to vehicle transport with Autosled VP Sam Goldenberg
Monday, Jan. 12, 2026, 05:16 PM
Imagine being a dealer and the vehicle you expected to be transported to your store isn’t on the hauler behind your showroom. And no one knows where the vehicle is. To help avoid the unfortunate situation, Autosled vice president of ... Listen Here

US Equity Advantage leader among Orlando CEOs of the Year

Robert Steenbergh award image for web
Wednesday, Aug. 11, 2021, 03:59 PM
SubPrime Auto Finance News Staff
Robert Steenbergh is being rewarded for executive leadership that began long before the pandemic. According to a news release, the US Equity Advantage (USEA) founder and chief executive officer has been named one of the 2021 CEOs of the Year ... [Read More]

KBRA forecasts softening recovery rates as used-vehicle prices dip

KBRA recovery chart for web
Wednesday, Aug. 11, 2021, 03:56 PM
SubPrime Auto Finance News Staff
Kroll Bond Rating Agency (KBRA) released new research on Tuesday that analyzed the impacts of “skyrocketing” used-vehicle prices on auto finance credit performance metrics, as well as discusses future implications as the economy marches toward a return to pre-pandemic norms. [Read More]

TransUnion pinpoints how high credit scores could jump if rent payments are integrated

for rent image
Tuesday, Aug. 10, 2021, 02:16 PM
SubPrime Auto Finance News Staff
TransUnion sees consumers who rent where they live as constituting as much as half of the individuals who possess non-prime or lower credit profiles; if they even have a credit score at all. Credit bureau analysts see that if rent ... [Read More]

House members consider new resources to help FTC

FTC building
Monday, Aug. 9, 2021, 02:24 PM
SubPrime Auto Finance News Staff
The Subcommittee on Consumer Protection and Commerce of the U.S. House Committee on Energy and Commerce recently conducted a hearing on how best to modernize the Federal Trade Commission. With all five current commissioners participating, the subcommittee deliberated 16 proposals ... [Read More]

US adds 943K jobs in July, triggering ‘large’ drop in unemployment rate

growth chart with man
Friday, Aug. 6, 2021, 03:30 PM
SubPrime Auto Finance News Staff
No doubt a key component to having a healthy auto-finance portfolio is the contract holders being gainfully employed. The U.S. Bureau of Labor Statistics shared some positive news on that front on Friday. The Labor Department reported that nonfarm payroll ... [Read More]

Nicholas Financial watches momentum build in Q1 of 2022 fiscal year

money-key
Thursday, Aug. 5, 2021, 03:21 PM
SubPrime Auto Finance News Staff
While the pandemic has hindered face-to-face contact in many ways, Nicholas Financial reiterated that its branch-model system and how the subprime finance company interacts with dealers and consumers again helped its quarterly performance. Nicholas reported figures from the first quarter ... [Read More]

CFPB pushes forward with November effective date for debt collection rules

collections
Wednesday, Aug. 4, 2021, 07:19 PM
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau (CFPB) decided debt collection firms are ready to abide by new rules. Last week, the bureau announced that two final rules issued under the Fair Debt Collection Practices Act (FDCPA) will take effect as planned ... [Read More]

PODCAST: Cindy Allen of StoneEagle F&I on dealers’ journey to improved profits

podcast image
Wednesday, Aug. 4, 2021, 03:49 PM
SubPrime Auto Finance News Staff
StoneEagle F&I chief executive officer Cindy Allen made her first appearance on the Auto Remarketing Podcast to recap the journey dealerships have made through the pandemic to generate notable profits via their finance offices. Allen also touched on how dealers ... [Read More]

Credit Acceptance keeping underwriting strategy intact despite softer Q2 originations

car and coins
Tuesday, Aug. 3, 2021, 02:22 PM
Nick Zulovich, Senior Editor
Even though Credit Acceptance watched its second-quarter origination volume drop by 28.7%, leadership of the subprime auto finance company is committed to maintaining its underwriting strategy, which played a role in it generating healthy income gains. Last week, Credit Acceptance ... [Read More]

AUL uses dealer & consumer feedback to compile 5 tips to help make F&I better

best practices
Monday, Aug. 2, 2021, 01:00 AM
SubPrime Auto Finance News Staff
With seven months of 2021 already completed, AUL Corp. senior vice president of strategic product development Jason Garner identified five key F&I tips to help dealerships and finance companies be even more successful during the remainder of the year. Garner ... [Read More]
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