A Look Back at Last Two Decades of the Used-Car Industry in Canada
In the grand finale of our podcast episodes from Canada’s Used Car Week in June, conference chair and Cherokee Media Group president Bill Zadeits is joined by Brad Hart and Peter Snoyer on a panel celebrating 20th anniversary of the ... Listen Here
Thursday, Sep. 18, 2025, 02:32 PM
SPONSORED EPISODE: AI & Big Data Deliver Significant Improvements to Inventory Management
In this sponsored episode of the Auto Remarketing Podcast, Merritt Critcher, Director of Product Management with CDK speaks with Bill Zadeits about the newest trends and potential for AI and big data to meet and exceed the inventory management needs ... Listen Here
Thursday, Sep. 11, 2025, 04:33 PM
Matt Rice
Experian on how much auto refinancing is gaining traction
Melinda Zabritski, Experian’s head of automotive financial insights, said consumers are looking for ways to secure more favorable vehicle financing terms, especially with interest rates leveling out and perhaps a cut coming next week from the Federal Reserve. The base ... Listen Here
Thursday, Sep. 11, 2025, 01:53 PM
PODCAST: Why alternative data is even more robust nowadays
Tuesday, Jul. 2, 2019, 04:53 PM
SubPrime Auto Finance News Staff
Finance companies, especially ones that participate in the non-prime and subprime spaces, often gather as much information as possible during the underwriting process before a funding decision, making the potential of alternative data even more dramatic. George Coutros, the head of ... [Read More]
Millennium Capital and Recovery gains 2 achievements for data security and compliance
Tuesday, Jul. 2, 2019, 03:40 PM
SubPrime Auto Finance News Staff
Along with the Fourth of July, Millennium Capital and Recovery Corp., has more reasons to celebrate this week. The nationwide, full-service recovery management firm secured two recent achievements in connection with data security and compliance. According to a news release, ... [Read More]
Analysts explain why new & used APR edged lower in June
Tuesday, Jul. 2, 2019, 03:38 PM
Nick Zulovich, Senior Editor
It appears the annual percentage rate (APR) on new-vehicle financing edged a bit lower in June, but the movement might not be connected to actions by the Federal Reserve last month. Edmunds reported on Tuesday that the average interest rate ... [Read More]
Details about the ASAP Program from CPS
Monday, Jul. 1, 2019, 03:18 PM
SubPrime Auto Finance News Staff
No doubt, both dealerships and their customers want to know ASAP if an application will be approved and a retail installment contract will be bought by the finance company. Well, the newest initiative from Consumer Portfolio Services is using that exact ... [Read More]
FASB seeks to clarify 4 accounting issues over CECL changes
Monday, Jul. 1, 2019, 03:17 PM
SubPrime Auto Finance News Staff
The Financial Accounting Standards Board (FASB) looked to reinforce its position concerning the upcoming mandates placed on banks, credit unions and finance companies in connection with reserving for losses, emphasizing the changes can be implemented without incurring “significant costs.” Last ... [Read More]
FBI names 8 lenders potentially impacted by alleged fraud at SC Mitsubishi store
Friday, Jun. 28, 2019, 03:33 PM
Nick Zulovich, Senior Editor
This week, SubPrime Auto Finance News secured the affidavit connected with an FBI investigation of a South Carolina Mitsubishi dealership containing scathing details about store management manipulating trade-in values, down payments and income figures in an elaborate fraud scheme that ... [Read More]
ADAI endorsement of Dealertrack Registration and Title Solutions reaches 10 years
Friday, Jun. 28, 2019, 03:28 PM
SubPrime Auto Finance News Staff
It appears Hoosier State dealers like the tools Dealertrack provides since an endorsement of them now has existed for a decade. According to a news release distributed this week, the Automobile Dealers Association of Indiana (ADAI) has renewed its preferred ... [Read More]
FTC roundup: Actions involving active duty military, credit repair scheme and robocalls
Thursday, Jun. 27, 2019, 02:48 PM
SubPrime Auto Finance News Staff
The past seven days have been quite active at the Federal Trade Commission. The regulator made moves involving credit reporting and active military personnel, took action in connection with an alleged credit repair scheme and worked with and its law ... [Read More]
KAR moves AFC exec to PAR sales leader
Tuesday, Jun. 25, 2019, 05:05 PM
SubPrime Auto Finance News Staff
On Tuesday, KAR Auction Services shifted an executive from AFC to a role with PAR North America. According to a news release, PAR announced Drew Shull was named vice president of sales and client experience. In his new role, the ... [Read More]
DIMONT enhances auto team with former VanWagenen executive
Tuesday, Jun. 25, 2019, 05:00 PM
SubPrime Auto Finance News Staff
DIMONT bolstered its leadership team on Tuesday with a former VanWagenen executive who also has been involved with multiple industry organizations such as the American Financial Services Association and the National Automotive Finance Association. The Dallas-based provider of insurance claims adjusting and ... [Read More]
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