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Expectations for repossessions in the US & Canada with Purr’s Chris Schellenberger
Wednesday, Jan. 14, 2026, 07:48 PM
Purr founder and CEO Chris Schellenberger opened Used Car Week 2025 on the Live Stage presented by SYCN Auto Logistics. Schellenberger, whose unique business model offers a retail consignment platform for repossessed vehicles, discussed what the repo industry could be ... Listen Here
Robert Guerrero of ClaimBuyout on inventory opportunities for dealers via repairable vehicles
Tuesday, Jan. 13, 2026, 07:19 PM
Robert Guerrero spent nearly 14 years as an executive with Insurance Auto Auctions, so he understands the complexities of damaged vehicles, distraught owners, auto insurers and repair shops. Now as the president and co-founder of ClaimBuyout, Guerrero explained how damaged ... Listen Here
Protecting yourself when it comes to vehicle transport with Autosled VP Sam Goldenberg
Monday, Jan. 12, 2026, 05:16 PM
Imagine being a dealer and the vehicle you expected to be transported to your store isn’t on the hauler behind your showroom. And no one knows where the vehicle is. To help avoid the unfortunate situation, Autosled vice president of ... Listen Here

Assurant highlights capabilities of Virtual Coach for dealership F&I personnel

training
Monday, Feb. 24, 2020, 04:16 PM
SubPrime Auto Finance News Staff
Assurant is looking to help dealership employees in the finance department stay sharp. The company recently launched Virtual Coach, a simulated, interactive classroom experience as part of the Assurant Virtual Learning Platform. The new programs are from the Assurant Performance ... [Read More]

Nicholas acquires $19M of Platinum’s active portfolio

money stack 100684213
Friday, Feb. 21, 2020, 05:14 PM
SubPrime Auto Finance News Staff
One subprime auto finance company is absorbing much of the portfolio of another provider. On Thursday, Nicholas Financial announced today that it has entered into an agreement with Platinum Auto Finance to acquire approximately $19 million of Platinum’s active and ... [Read More]

California governor seeking to create CFPB-like agency

compliance pic
Thursday, Feb. 20, 2020, 04:01 PM
SubPrime Auto Finance News Staff
According to an online post by the California Department of Business Oversight, Gov. Gavin Newsom’s proposed 2020-21 state budget includes a component that would modify the state regulatory structure to “cement California’s consumer protection leadership amidst a retreat on that ... [Read More]

Resolvion outlines new client success department

resolvion at UCW
Thursday, Feb. 20, 2020, 03:58 PM
SubPrime Auto Finance News Staff
This week, Resolvion announced the launch of its new client success team.  The skip-trace and repossession management firm explained the objective of this new initiative is to provide a more holistic and seamless approach to ensuring that client specific requirements ... [Read More]

SpinCar details dealer website tool to educate buyers about F&I product benefits

spincar image for web
Wednesday, Feb. 19, 2020, 07:44 PM
SubPrime Auto Finance News Staff
SpinCar is looking to give dealers another education tool to benefit their F&I sales strategies. During NADA Show 2020 in Las Vegas, the digital automotive merchandising software provider launched an F&I merchandising solution designed to integrate directly with dealer website ... [Read More]

iLendingDIRECT chief executive officer receives another accolade for women

trophies
Wednesday, Feb. 19, 2020, 07:26 PM
SubPrime Auto Finance News Staff
Nancy Fitzgerald, co-founder and chief executive officer of iLendingDIRECT Auto Refinancing, recently was named one of the 2020 Top 25 Most Powerful Women in Business by the Colorado Women’s Chamber of Commerce. The award, now in its eighth year, has ... [Read More]

700Credit partners with NCompassTrac to boost credit-driven dealer campaigns

partnership picture
Wednesday, Feb. 19, 2020, 04:36 PM
SubPrime Auto Finance News Staff
As dealerships continually strive for ways to improve the quality and accuracy of targeted marketing campaigns, 700Credit and NCompassTrac understand that knowing the disposition of the customer credit velocity is critical. With that thought in mind, 700Credit partnered with NCompassTrac ... [Read More]

Open Lending adds 77 lenders to platform in 2019

online auto financing
Wednesday, Feb. 19, 2020, 04:35 PM
SubPrime Auto Finance News Staff
Open Lending recently shared how successful 2019 was for the firm that strives to help finance companies take prudent risk in the subprime space. The provider of a unique auto lending enablement platform with default insurance signed 77 new finance ... [Read More]

Auto defaults start 2020 below 1%

Defaults image
Tuesday, Feb. 18, 2020, 04:03 PM
SubPrime Auto Finance News Staff
While the composite reading might be in the midst of rising for three consecutive months, the auto portion of the S&P/Experian Consumer Credit Default Indices posted a decrease to begin 2020. On Tuesday, S&P Dow Jones Indices and Experian released ... [Read More]

Awards submissions for NARS 2020 now open

trophies
Tuesday, Feb. 11, 2020, 06:52 PM
SubPrime Auto Finance News Staff
Organizers of the North American Repossessors Summit (NARS) have announced the opening of nominations for their second annual Industry Awards. Designed to honor exemplary repossession professionals, this year’s award categories include Recovery Agent of the Year, Service Representative of the ... [Read More]
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