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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
SPONSORED EPISODE: From Acquisition to Sale — Winning Used Car Tactics from Autotrader and vAuto experts
Tuesday, Nov. 11, 2025, 05:28 PM
In this sponsored episode of the Auto Remarketing Podcast, host Bill Zadeits joins with Elizabeth Stegall of Autotrader, Kelley Blue Book and ICO, and Bethany Johnson from vAuto to preview their Used Car Week workshop. Listen now and you’ll get ... Listen Here

TransUnion pinpoints depth of COVID-19 impact on originations

news pic
Wednesday, Nov. 11, 2020, 04:58 PM
SubPrime Auto Finance News Staff
A TransUnion financial hardship survey in late October showed that more than half of Americans — 54% to be exact — said they have been financially impacted by the COVID-19 pandemic. And TransUnion’s origination data for both auto financing and ... [Read More]

COMMENTARY: What dealer compliance will look like in a Biden administration

Joe Biden picture
Tuesday, Nov. 10, 2020, 10:00 AM
Randy Henrick, Ignite Consulting Partners
Joe Biden’s victory likely will usher in a new era of consumer protection and compliance challenges for auto dealers.  Four out of the five Federal Trade Commission (FTC) Commissioners will have their terms expire during the Biden Administration.  President-Elect Biden ... [Read More]

CFPB enters complicated consent order with auto-finance payment firm

money-stack
Thursday, Nov. 5, 2020, 06:24 PM
SubPrime Auto Finance News Staff
A firm that was supposed to pull funds from contract holders’ bank accounts and deliver the money to auto-finance companies entered into a consent order with the Consumer Financial Protection Bureau this week. And in a twist, the penalties levied ... [Read More]

How Westlake navigated through pandemic-triggered contract modifications

person on phone near cars
Thursday, Nov. 5, 2020, 03:38 PM
SubPrime Auto Finance News Staff
Westlake Financial senior vice president of collections Brian Renfro knew his team was facing an incredible challenge. TransUnion’s industry-wide data showed the percentage of auto-finance contracts in financial hardship quickly rose as the pandemic intensified, jumping from 0.64% in March ... [Read More]

ARA reiterates 3 points about handling personal property in repossessed vehicles

compliance pic
Wednesday, Nov. 4, 2020, 04:41 PM
SubPrime Auto Finance News Staff
The American Recovery Association (ARA) recently distributed a message to the industry, reiterating its positions regarding personal property in repossessed vehicles. The move was triggered by the $5 million settlement Nissan’s captive finance company reached with the Consumer Financial Protection ... [Read More]

Nortridge launches podcast hosted by current NAF Association president

joel podcast for web
Wednesday, Nov. 4, 2020, 04:29 PM
SubPrime Auto Finance News Staff
Nortridge Software is also getting into the podcast business. The provider of loan management software designed to apply more automation to origination and servicing recently announced the launch of the ConsumerFi Podcast, which will be hosted by Nortridge director of ... [Read More]

KBRA sees potential for normal delinquency & loss patterns

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Tuesday, Nov. 3, 2020, 03:22 PM
SubPrime Auto Finance News Staff
Perhaps Kroll Bond Rating Agency (KBRA) offered evidence that the atmosphere in auto financing might actually be returning to normalcy, especially when it comes to delinquency and losses. In April, KBRA placed 229 securities on watch across the unsecured consumer ... [Read More]

Darwin, SWDS partner to boost F&I and digital retail sales platform

darwin SWDS for web
Monday, Nov. 2, 2020, 04:32 PM
SubPrime Auto Finance News Staff
SouthWest Dealer Services finalized a strategic partnership with Darwin Automotive last week. The provider of F&I and anti-theft programs as well as related training services for dealerships announced its new connection with Darwin to expand SWDS’ digital retail sales platform ... [Read More]

CFPB releases final rule to implement FDCPA

FDCPA image
Monday, Nov. 2, 2020, 04:31 PM
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau offered collections and compliance professionals some light reading just before the weekend. It’s mere a 653-page document to update a regulation first passed four decades ago that has taken regulatory officials seven years to get to ... [Read More]

TransUnion blends income & employment verification into credit report

transunion combined for web
Friday, Oct. 30, 2020, 02:57 PM
SubPrime Auto Finance News Staff
Perhaps nowadays more than ever, risk decisions are based on consumer income and employment information to grasp a potential retail installment contract holder’s ability to pay This week, TransUnion rolled out a new seamless and real-time service to provide finance ... [Read More]
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