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Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
Wednesday, Mar. 25, 2026, 05:01 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Jennifer Turnage, who is chief executive officer of Primeritus Financial Services. Turnage talks with Cherokee Media Group senior editor Nick Zulovich about the importance ... Listen Here
Industry Elite honoree Kelly Wyatt on 25-year career with GM Financial
Wednesday, Mar. 25, 2026, 04:43 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Kelly Wyatt, who is chief digital officer with GM Financial. Wyatt shares a conversation with Cherokee Media Group senior editor Nick Zulovich about being ... Listen Here
Industry Elite: Sean Morgan of Westlake Financial
Monday, Mar. 23, 2026, 03:07 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here

COMMENTARY: How to improve your compliance framework

best practices
Wednesday, Jun. 3, 2020, 03:03 PM
Vladimir Kovacevic, Inovatec
Many automotive lenders face challenges today associated with maintaining compliance in all facets of their business. Automotive loan compliance requires knowledge of federal regulations that govern applications, processes and practices. While it can be assumed lenders strive to remain compliant to ... [Read More]

PWI unveils VSC enhancements, vehicle reclassifications, plan expansions and product discounts

line-cars-2
Wednesday, Jun. 3, 2020, 02:46 PM
SubPrime Auto Finance News Staff
Preferred Warranties Inc. (PWI) is looking to give dealers more tools as they resume used-vehicle sales in the face of a COVID-19 retail slowdown. The KAR Global business unit on Wednesday announced comprehensive enhancements and savings on protection plan offerings. “Many ... [Read More]

PODCAST: Receivables Management Association International executive director on collections and more

podcast image
Wednesday, Jun. 3, 2020, 02:31 PM
SubPrime Auto Finance News Staff
After being one of the experts who participated during a webinar orchestrated by DRN in April, Receivables Management Association International executive director Jan Stieger discussed collections and more during this special episode of the Auto Remarketing Podcast. Stieger also touched ... [Read More]

Wells Fargo to stop accepting consumer applications from ‘majority’ of independent stores

wells fargo for web
Tuesday, Jun. 2, 2020, 07:58 PM
Nick Zulovich, Senior Editor
Wells Fargo closed 2019 by holding 3.67% of the auto-finance market, according to data from Experian Automotive shared exclusively with SubPrime Auto Finance News. That market share positioned the bank to rank sixth in Experian’s data set. But the decision ... [Read More]

Average new-car APRs drop to levels not seen since 2013; used stays nearly steady

application
Tuesday, Jun. 2, 2020, 02:33 PM
SubPrime Auto Finance News Staff
Edmunds discovered interest rates for new vehicles financed in May dropped to the lowest level seen by the industry in nearly seven years. Meanwhile, Edmunds indicated that rates for used-vehicle financing remain nearly steady compared to both this time last ... [Read More]

MenuMetric, 700Credit finalize F&I integration

partnership gears
Monday, Jun. 1, 2020, 03:05 PM
SubPrime Auto Finance News Staff
MenuMetric and 700Credit recently formed an alliance in an effort to help vehicle dealerships as well as marine, RV, and powersports stores. The provider of credit reports, compliance solutions and consumer pre-qualification products and the web-based F&I menu platform offering ... [Read More]

RISC unveils 2 new state-specific collateral recovery certification courses

latest news
Monday, Jun. 1, 2020, 03:03 PM
SubPrime Auto Finance News Staff
Soon after deciding to waive membership and education fees for current and any new RISC Pro members through July 1, RISC launched two additional, state-specific collateral recovery training courses as part of its growing CARS National Certification Program. The compliance ... [Read More]

Portfolio launches revamped reinsurance website

Portfolio image for website
Friday, May. 29, 2020, 01:52 PM
SubPrime Auto Finance News Staff
Portfolio is looking to make the reinsurance process easier for auto, RV and powersports dealers and independent agents. The dealer participation program provider recently announced the launch of a new website at PortfolioReinsurance.com. Portfolio explained the site was designed to ... [Read More]

iA Financial Group finalizes $720M acquisition of IAS

acquisition
Friday, May. 29, 2020, 01:50 PM
SubPrime Auto Finance News Staff
An acquisition in the F&I space first announced back in December came to a conclusion this week. Officials from iA Financial Corp., the holding company of iA Financial Group, said they have finalized the acquisition of IAS Parent Holdings Inc. and its ... [Read More]

NY Honda dealer settles discrimination allegation from FTC for $1.5M

Federal Trade Commission
Thursday, May. 28, 2020, 02:26 PM
SubPrime Auto Finance News Staff
Discrimination allegations from the Federal Trade Commission against a New York City dealer resulted in a $1.5 million settlement. The FTC announced this week that Bronx Honda and general manager Carlo Fittanto will pay $1.5 million to settle charges they ... [Read More]

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