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The real cost of inaction when it comes to transport fraud
Thursday, Jan. 29, 2026, 03:30 PM
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More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
Thursday, Jan. 29, 2026, 03:30 PM
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here
Lenders, forwarders & agents discuss repo bottlenecks
Wednesday, Jan. 28, 2026, 07:16 PM
In another of the Used Car Week 2025 panel discussions focused on repossessions and recoveries, AutoSquared.ai co-founder Bahador Rahimi led a conversation that included lenders, forwarders and agents. The group exchanged ideas about how industry firms can smooth the bottlenecks ... Listen Here

Carleton survey shows depth of loan calculation errors, compliance strains & resource burdens

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Thursday, Sep. 4, 2025, 10:40 AM
SubPrime Auto Finance News Staff
Sarah Milovich, who is general counsel and vice president of compliance with Carleton, recently cautioned lenders that when loan calculators do not function properly “they are ticking time bombs of compliance risk.” Carleton followed up on Milovich’s assertions in her ... [Read More]

Desert Financial Credit Union chooses MBSi for case management

Wednesday, Sep. 3, 2025, 01:11 PM
SubPrime Auto Finance News Staff
MBSi announced this week that Desert Financial Credit Union has selected MBSi’s RecoveryConnect platform as its exclusive case management system. With this partnership, MBSi said Desert Financial gains a modern, flexible, user-friendly platform, as well as a trusted partner dedicated ... [Read More]

Lobel Financial hires Holgate as president

Wednesday, Sep. 3, 2025, 11:48 AM
SubPrime Auto Finance News Staff
Bringing 25 years of industry experience, Lobel Financial announced via social media on Tuesday that Tom Holgate is now president of the finance company founded in 1977. While Holgate’s professional career doesn’t date back quite that far, his profile on ... [Read More]

NextGear Capital reaches multiple milestones associated with audit transformation

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Wednesday, Sep. 3, 2025, 11:48 AM
SubPrime Auto Finance News Staff
Saying “it’s by no means the finish line,” NextGear Capital recently hit notable numbers in its service as an inventory finance company for independent dealers. On Tuesday, the company said it surpassed 50% adoption of its self-audit feature in its ... [Read More]

Car-purchasing plans rise in August amid Fed turmoil & slightly sagging consumer confidence

Tuesday, Sep. 2, 2025, 10:42 AM
Nick Zulovich, Senior Editor
With turmoil at the Federal Reserve getting as intense as ever, perhaps dealerships and finance companies can focus on one part of the newest Consumer Confidence Index from the Conference Board. While the overall reading and other parts of the ... [Read More]

Experian watches banks recapture top auto-finance market share spot in Q2

Thursday, Aug. 28, 2025, 10:52 AM
SubPrime Auto Finance News Staff
Experian’s State of the Automotive Finance Market Report: Q2 2025 showed that perhaps banks not making many underwriting adjustments in the auto-finance department during the second quarter was shrewd strategy. Experian reported banks returned as the largest lender for total ... [Read More]

VantageScore spots notable auto-delinquency jump in July

Wednesday, Aug. 27, 2025, 11:57 AM
SubPrime Auto Finance News Staff
The July edition of CreditGauge published this week by VantageScore showed that auto is one of the credit segments showing the most performance deterioration. VantageScore reported mortgage and auto loan credit delinquencies saw the largest year-over-year uptick in the early-stage ... [Read More]

Glenview Finance to add 20 new sales reps to bolster nationwide expansion

Another former Manheim Canada exec joins Otolane
Wednesday, Aug. 27, 2025, 11:11 AM
SubPrime Auto Finance News Staff
While one company in the subprime space recently halted originations, another operation is in growth mode. Late last week, Glenview Auto Loan Fund announced the nationwide expansion of its Credit Builder Program and will hire 20 new sales representatives. Glenview’s ... [Read More]

FinBe USA now using Point Predictive’s tools to grow & improve subprime portfolio

Wednesday, Aug. 27, 2025, 11:11 AM
SubPrime Auto Finance News Staff
FinBe USA on Tuesday announced its adoption of Point Predictive’s AutoPass FCRA solution. According to a news release, the implementation enables FinBe USA to leverage Point Predictive’s proprietary data repository and artificial intelligence to accelerate growth, automate fraud detection, reduce ... [Read More]

COMMENTARY: The compliance mirage & why not all payment calculators are created equal

Tuesday, Aug. 26, 2025, 10:33 AM
Sarah Milovich, Carleton
A payment calculator seems like it is technology offered and used by everyone today. Plug in a few numbers, and out pops a monthly payment. Simple, right? Unfortunately, this illusion of simplicity is costing auto lenders and dealers significantly. What ... [Read More]

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