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This Month's Focus

Artificial Intelligence
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EY study shows Canadians still cautious about AI but using it more for everyday activities
Monday, May. 11, 2026, 03:00 PM
This artificial intelligence is pretty smart, eh? That sentiment might be held by at least some Canadians who are already embedding AI into everyday decisions, often in ways that extend beyond simple assistance into early autonomy, even while concerns about ... Read More
Carfluent’s new AI tool helps dealerships beat aggregators in searches
Monday, May. 11, 2026, 09:51 AM
A growing percentage of consumers now use artificial intelligence as what marketplace Cars.com describes as a “trusted co-pilot” in their search for a vehicle to purchase. Meanwhile, other studies suggest that dealership websites are not visible to many of those ... Read More
ChatGPT app represents the latest step in CarMax’s ongoing AI evolution
Monday, May. 11, 2026, 09:45 AM
Yes, it’s AI — everyone’s favorite buzzword. But when it comes down to it, artificial intelligence is only part of what CarMax’s new ChatGPT app is all about. The company billed as the nation’s largest used-car retailer touted the app, ... Read More
Tiger Okeley describes what it’s like for BHPH dealers during another turbulent year
Tuesday, May. 12, 2026, 01:47 PM
Tiger Okeley is the executive board member of Oak Motors, a buy-here, pay-here dealership that’s been in business for more than 40 years in central Indiana. Having seen boom times, recessions, and more, Okeley shared his insight to help owners ... Listen Here
SPONSORED EPISODE: Know your Buyer & Grow your Lot
Tuesday, May. 12, 2026, 09:20 AM
In this insightful episode of the Auto Remarketing Podcast, Auto Trader and KBB executives Elizabeth Stegall and David Lumpkin share findings gleaned from Cox Automotive’s unique research into shoppers who buy from Independent Dealers. Learn how shifting buyer expectations connect ... Listen Here
FICO’s Shams Blanc on lenders sharpening underwriting & more
Wednesday, Apr. 29, 2026, 03:54 PM
Fresh off being in Miami as part of the Used Car Industry Summit that Cherokee Media Group hosted this spring, Shams Blanc, who is vice president of auto scores at FICO, appeared again on the Auto Remarketing Podcast. Blanc discussed ... Listen Here

COMMENTARY: Dealers see bottom-line benefits thorough F&I product portfolio review

cars in showroom
Tuesday, Jul. 14, 2020, 01:58 PM
Tim Blochowiak, Protective Asset Protection
The world has witnessed drastic changes in just a few short months. The economic fallout from the COVID-19 pandemic has impacted nearly 50 million workers since the end of February, according to Mark Zandi, chief economist at Moody’s Analytics in ... [Read More]

TurboPass builds subprime client portfolio, adding ACC

turbopass report for web
Monday, Jul. 13, 2020, 03:18 PM
SubPrime Auto Finance News Staff
TurboPass is continuing to build relationships with finance companies that specialize in subprime paper. Soon after announcing a finalized strategic partnership with Turner Acceptance, TurboPass also shared that it’s working with Automotive Credit Corp. (ACC) to leverage its universal income ... [Read More]

CFPB names deputy director among 4 personnel moves

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Monday, Jul. 13, 2020, 03:14 PM
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau made a series of personnel moves last week, including the creation of a new division. Most notably, director Kathleen Kraninger announced that Thomas Pahl will serve as the deputy director of the bureau. Pahl has ... [Read More]

Nicholas Financial takes interim tag off of CFO

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Friday, Jul. 10, 2020, 02:03 PM
SubPrime Auto Finance News Staff
Nicholas Financial solidified two of its highest leadership positions this week. The subprime auto finance company announced the appointment of Irina Nashtatik as chief financial officer; a role she had been filing in an interim capacity since November. Nicholas Financial ... [Read More]

PODCAST: Why subprime remains resilient even during COVID-19

podcast image
Thursday, Jul. 9, 2020, 02:26 PM
SubPrime Auto Finance News Staff
Davis & Gilbert partner Joseph Cioffi makes another podcast appearance to offer more insights about the Credit Chronometer report that surveyed executives from throughout the subprime auto finance sector about the space’s prospects to navigate through the coronavirus pandemic. What ... [Read More]

RISC rolls out employment site tailored for repossession industry

repohiring for web
Wednesday, Jul. 8, 2020, 02:53 PM
SubPrime Auto Finance News Staff
Already a training provider, RISC now is getting involved in the employment part of the repossession and recovery industries. On Tuesday, the firm launched RepoHiring.com in an effort to helps connect collateral recovery industry employers with qualified job seekers. Free ... [Read More]

COMMENTARY: Getting consumers’ payments back on track

strategy picture
Wednesday, Jul. 8, 2020, 02:46 PM
Louis Ochoa, Servicing Solutions
According to the recently released S&P/Experian Consumer Credit Default Indices, United States auto loan defaults dropped 10 basis points to 0.56% in May. This comes on the heels of the release of Experian’s State of the Automotive Finance Market Report, ... [Read More]

Turner Acceptance partners with TurboPass to boost underwriting

partnership
Tuesday, Jul. 7, 2020, 04:49 PM
SubPrime Auto Finance News Staff
Turner Acceptance is bringing on some technology reinforcement to help the subprime auto finance company navigate its way through underwriting during the coronavirus pandemic. This week, Turner Acceptance finalized a strategic partnership with TurboPass to leverage its universal income validation ... [Read More]

4 finance signs of coronavirus-driven surge toward used vehicles

preowned image
Tuesday, Jul. 7, 2020, 02:08 PM
SubPrime Auto Finance News Staff
The coronavirus pandemic is accelerating consumers’ recognition of more favorable financing terms in connection with used vehicles among other benefits of acquiring a pre-owned model instead of a new car. That’s among the latest findings shared on Tuesday by Edmunds, ... [Read More]

CFPB, OCC to host virtual innovation office hours

news pic
Monday, Jul. 6, 2020, 03:40 PM
SubPrime Auto Finance News Staff
Like so many shops connected with auto financing, federal regulators are working in virtual environments, too. Just before the holiday weekend, the Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency (OCC) announced they will ... [Read More]

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