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The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here
Ted Berlovich of Clutch
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here

iLendingDIRECT chief executive officer receives another accolade for women

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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

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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
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%

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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
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]

TransUnion examines depth Gen Z is using auto financing

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Nick Zulovich, Senior Editor
Your portfolio might be filling with contract holders from Generation Z — consumers born in or after 1995. Recent research from TransUnion showed that this generation isn’t necessarily just staring at smartphone constantly. These individuals also are getting behind the ... [Read More]

Dealertrack going to AFSA & NADA armed with 6 new enhancements & partnerships

partnership gears
SubPrime Auto Finance News Staff
Dealertrack is heading to Las Vegas for annual events hosted this week by the American Financial Services Association (AFSA) and the National Automobile Dealers Association (NADA) armed with a half dozen new-product enhancements and enriched partnerships to highlight. These latest ... [Read More]

DOJ indicts 4 members of Chinese military over Equifax data breach

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SubPrime Auto Finance News Staff
The U.S. Justice Department on Monday morning made a major announcement in connection with the Equifax data breach, calling it “a day of reckoning.” With Equifax leadership “grateful to the Justice Department and the FBI for their tireless efforts,” officials ... [Read More]

5 components of Resolvion’s new specialty repossession services

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SubPrime Auto Finance News Staff
This week, Resolvion, released a new specialty suite of services.  The skip-tracing and repossession management firm explained these specialty services were designed to address many of the challenges that finance companies encounter in their repossession activities.  Resolvion’s specialty services include ... [Read More]

Trust Science names new chief data and analytics officer

new hire
SubPrime Auto Finance News Staff
The migration of experienced executives moving from one of the three traditional credit bureaus to Trust Science continued this week. The provider of artificial intelligence-powered credit scoring announced that Jeremy Mitchell has joined Trust Science as chief data and analytics ... [Read More]

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