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Dissecting evolving credit scores with Shams Blanc of FICO
Monday, Nov. 24, 2025, 03:34 PM
As much as auto-finance underwriting has become sophisticated, a potential starting point to determine if the applicant will be offered an installment contract is the credit score. Shams Blanc, who is vice president of auto scores at FICO, described the ... Listen Here
Used Car Week Hall of Famer Jerry Kroshus of Location Services
Wednesday, Nov. 12, 2025, 04:19 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees is a conversation with Jerry Kroshus, who is CEO of Location Services. Cherokee Media President Bill Zadeits talks with Kroshus about his career journey in ... Listen Here
Used Car Week Hall of Famer Kathy Ruble of Ally
Tuesday, Nov. 11, 2025, 07:52 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees, we catch up with Kathy Ruble, who is executive director of marketing, dealer financial services and communications at Ally. Ruble has been the longtime moderator ... Listen Here

First Investors completes merger with 2 investment firms

merger and acquisition pic on table
Tuesday, Jan. 5, 2021, 04:33 PM
SubPrime Auto Finance News Staff
A merger Financial Services Group first revealed in October now is closed, according to an announcement on Tuesday. First Investors said the acquisition of the subprime auto finance company by funds affiliated with Gallatin Point Capital and minority investor Jacobs ... [Read More]

CFPB roundup: Bureau penalizes SCUSA over credit reporting

compliance pic
Monday, Jan. 4, 2021, 04:54 PM
SubPrime Auto Finance News Staff
It turned out to be an active holiday season at the Consumer Financial Protection Bureau. Along with naming two new staff members and reaching a consent order with a provider of personal loans, the CFPB also penalized Santander Consumer USA ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

The ART of AI: A Dealership Guide to Deploying AI With Confidence

AI is rapidly reshaping dealership operations, yet most stores are still in early experimentation mode. According to the Cox Automotive...
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Turn Battery Risk Into Trust: Your Edge in the Used EV Market

Independent battery health certification is the new gold standard for used EV dealerships. The latest AVILOO detect Magazine reveals how...
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How GMs Start Their Day with Mastermind & Make More Deals

Successful General Managers know that how you start the day sets the tone for dealership performance. This checklist outlines the...
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Rising Repos, Shrinking Margins: A Guide to Reduce Collections and Servicing Costs with AI Agents

As delinquencies rise and margins tighten, leading auto lenders use AI agents to cut collections and servicing costs without compromising...
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Out-of-State Titling: 12 Steps Every Title Clerk Should Follow (The Easy Way)

Out-of-state titling isn’t easy. With every state having different DMV requirements, document packets, and deadlines, it’s easy for mistakes to...
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Free Guide: How Smart Dealers Can Profit from Customer Car Insurance

Turn Customer Auto Insurance into Dealership Profit If you're not profiting from auto insurance in your dealership, now’s the time...
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Go In-House With Your Photos

Your Photo Vendor Didn’t Show Up Again? Let’s Fix That. Stop relying on vendors and start owning your inventory. This...
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The Auto Dealer’s Complete Checklist for Evaluating AI

The Auto Dealer’s Complete Checklist for Evaluating AI highlights key questions dealership leaders should ask technology partners during the selection...
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Westlake enters $400M facility & partners with NXCR for vehicle subscriptions

NXCR and Westlake for web
Friday, Dec. 18, 2020, 03:01 PM
SubPrime Auto Finance News Staff
Westlake Financial certainly appears to see immense value in the potential of subscriptions of used vehicles, saying that they might be at the development stage where leasing sat four decades ago. In fact, the company pegged that possible value at ... [Read More]

Fed reiterates push to keep credit flowing during pandemic

Jerome Powell in Dec 2020
Thursday, Dec. 17, 2020, 03:56 PM
Nick Zulovich, Senior Editor
Finance companies likely remember what happened during the Great Recession 12 years ago when the credit market seized up as bad a car engine without oil. The Federal Reserve reiterated the significant steps it’s taking to ensure finance companies have ... [Read More]

Kennedy, McCook & Altes on deck for upcoming ARA webinar

strategy picture
Tuesday, Dec. 15, 2020, 09:31 PM
SubPrime Auto Finance News Staff
Leaders of the American Recovery Association are looking to provide members with another vital information update before the year closes. ARA’s Dave Kennedy, Les McCook and Patrick Altes will be hosting an open industry webinar on Thursday to give their ... [Read More]

PODCAST: COVID-19 impact on F&I presentations

podcast image
Tuesday, Dec. 15, 2020, 09:24 PM
SubPrime Auto Finance News Staff
AUL Corp. senior vice president of agency and dealer sales Paul McCarthy makes his debut on the podcast to describe how dealerships have pivoted their F&I marketing and presentations in light of the pandemic’s impact on vehicle sales. McCarthy also ... [Read More]

Auto-default rise reaches 5 consecutive months

news pic
Tuesday, Dec. 15, 2020, 04:47 PM
SubPrime Auto Finance News Staff
Auto defaults are moving counter to other credit segments. Auto defaults rose for the fifth consecutive month in November, according to the S&P/Experian Consumer Credit Default Indices, but they are still below the reading that analysts pinpointed before the pandemic ... [Read More]

Kraninger lists more than 70 CFPB accomplishments during second year as director

another kraninger picture_1
Monday, Dec. 14, 2020, 04:44 PM
SubPrime Auto Finance News Staff
Last Friday, Kathleen Kraninger celebrated her second-year anniversary as director of the Consumer Financial Protection Bureau by highlighting more than 70 accomplishments by the regulator during the past 12 months. “In these challenging times, I’m proud of the work that ... [Read More]

Cox Automotive unveils Dealertrack Credit Availability Index

dealertrack chart for web
Monday, Dec. 14, 2020, 04:42 PM
SubPrime Auto Finance News Staff
Cox Automotive recently launched a new industry measurement called the Dealertrack Credit Availability Index that’s geared to track how the auto-finance market is trending. For the first installment, analysts discovered credit availability continued to improve in November for all types ... [Read More]

Wolters Kluwer to acquire eOriginal in all-cash deal

merger and acquisition pic on table
Friday, Dec. 11, 2020, 03:17 PM
SubPrime Auto Finance News Staff
The rush of mergers and acquisitions to close 2020 continued on Thursday with a development involving Wolters Kluwer and eOriginal. According to a news release, Wolters Kluwer Governance, Risk & Compliance (GRC) has signed an agreement to acquire eOriginal, a ... [Read More]
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