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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

FTC releases report recapping 2019 regulatory activities

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Friday, Apr. 24, 2020, 02:12 PM
SubPrime Auto Finance News Staff
This week, Federal Trade Commission chairman Joe Simons released a summary of the agency’s 2019 annual highlights, calling attention to the commission’s ongoing efforts to protect consumers and promote a competitive marketplace. By far the largest sum included among the ... [Read More]

March auto defaults drop to lowest reading in 10 years

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Wednesday, Apr. 22, 2020, 07:01 PM
SubPrime Auto Finance News Staff
Perhaps still reflecting seasonality, S&P Dow Jones Indices and Experian noticed the auto-finance default rate improved in March. In fact, the rate not only improved, but it also dropped to the lowest reading going back 10 years. With other data ... [Read More]

ANALYSIS: Best practices in credit reporting coding in disaster scenarios

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Wednesday, Apr. 22, 2020, 03:38 PM
Jennifer Reid, Equifax
Given the unprecedented climate that has taken place resulting from the COVID-19 outbreak and containment efforts, we have received a large number of questions in regard to how this event impacts credit reporting particularly given the recent support from the ... [Read More]

3 bureaus now offer free weekly credit reports

credit report image
Wednesday, Apr. 22, 2020, 03:34 PM
SubPrime Auto Finance News Staff
With so many consumers’ financing in flux because of the coronavirus pandemic, individuals now can examine their credit report more frequently than just once per year. In a joint action, the three national credit reporting agencies in the United States ... [Read More]

PODCAST: Allied Solutions on unusual circumstances created by coronavirus

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Wednesday, Apr. 22, 2020, 03:30 PM
SubPrime Auto Finance News Staff
Anne Holtzman and Suzi Straffon of Allied Solutions returned to the podcast to describe how different their company tasks are nowadays with many collections activities on hold and insurance claims reduced — all because of shelter-in-place orders and other restrictions ... [Read More]

Credit Acceptance shares depth of crisis impact, delays Q1 report & shareholder meeting

covid 19 image for website
Tuesday, Apr. 21, 2020, 01:52 PM
SubPrime Auto Finance News Staff
Being a publicly traded company, Credit Acceptance revealed current collection and origination performance trends that many other subprime auto finance providers also might be experiencing because of the coronavirus pandemic. According to a filing with the Securities and Exchange Commission ... [Read More]

Business Intelligence Group honors Spireon for second straight year

award winner
Monday, Apr. 20, 2020, 02:14 PM
SubPrime Auto Finance News Staff
Spireon received a reason to be celebratory on a Monday morning amid the coronavirus pandemic. Spireon announced it has been named a winner of the 2020 Excellence in Customer Service Award, presented by Business Intelligence Group. For the second year ... [Read More]

In response to crisis, Portfolio launches new claims website

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Monday, Apr. 20, 2020, 02:12 PM
SubPrime Auto Finance News Staff
Reinforcing an earlier message about the need for teamwork and digitization as COVID-19 disrupts the F&I industry, Portfolio recently announced the launch of a new website for GAP and ancillary claims. Portfolio said its new site features a fully redesigned ... [Read More]

KBRA waiting for auto ABS deterioration after March improvements

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Friday, Apr. 17, 2020, 03:21 PM
SubPrime Auto Finance News Staff
Kroll Bond Rating Agency (KBRA) acknowledged its March prime and non-prime auto loan ABS indices don’t yet reflect the depths of how the automotive asset backed securities market might be impacted by the coronavirus pandemic. Auto securitizations showed improving credit ... [Read More]

Industry responds as negative equity hits new records

car and coins
Thursday, Apr. 16, 2020, 03:46 PM
Nick Zulovich, Senior Editor
EFG Companies chief revenue officer Eric Fifield acknowledged the issue during a phone conversation with SubPrime Auto Finance News last week. “Negative equity was a problem before, and it’s only going to be exasperated now,” Fifield said as the company ... [Read More]

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