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Dissecting evolving credit scores with Shams Blanc of FICO
Monday, Nov. 24, 2025, 03:34 PM
As much as auto-finance underwriting has become sophisticated, a potential starting point to determine if the applicant will be offered an installment contract is the credit score. Shams Blanc, who is vice president of auto scores at FICO, described the ... Listen Here
Used Car Week Hall of Famer Jerry Kroshus of Location Services
Wednesday, Nov. 12, 2025, 04:19 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees is a conversation with Jerry Kroshus, who is CEO of Location Services. Cherokee Media President Bill Zadeits talks with Kroshus about his career journey in ... Listen Here
Used Car Week Hall of Famer Kathy Ruble of Ally
Tuesday, Nov. 11, 2025, 07:52 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees, we catch up with Kathy Ruble, who is executive director of marketing, dealer financial services and communications at Ally. Ruble has been the longtime moderator ... Listen Here

100 new fraud alerts now come with PointPredictive’s latest tool

fraud prevention
Wednesday, Apr. 3, 2019, 03:54 PM
SubPrime Auto Finance News Staff
PointPredictive's latest fraud-prevention solution contains literally millions of ingredients. This week, the company launched Auto Fraud Alert, a new solution that’s designed to help finance companies better identify risk prior to funding. The solution can deliver what PointPredictive called an ... [Read More]

Hyundai launches program to help buyers saddled with student loans

Hyundai pic for dealertrack_0
Wednesday, Apr. 3, 2019, 03:53 PM
SubPrime Auto Finance News Staff
With the possibility that student-loan debt could push a potential buyer into the subprime credit tier, one automaker is rolling out a program to assist those consumers. In building on its brand promise to make things better for customers, Hyundai ... [Read More]

ACA International fears House bill targeting robocalls would limit legitimate collections activities

capitol hill
Wednesday, Apr. 3, 2019, 03:50 PM
SubPrime Auto Finance News Staff
ACA International questioned a proposal to regulate telephone communications from the U.S. House Energy and Commerce Committee chairman based on the assertion it could do more harm than good. The organization that brings together third-party collection agencies, law firms, asset ... [Read More]

UPDATED: New-car finance rates at 10-year high, prompting incentive speculation

growth chart with man
Tuesday, Apr. 2, 2019, 02:39 PM
Nick Zulovich, Senior Editor
Editor's note: This updated report contains analysis from Cox Automotive, Edmunds, KAR Auction Services and the National Automobile Dealers Association. New-vehicle prices and financing costs approaching a 10-year high are making the task of delivering new models more of a challenge ... [Read More]

NextGear Capital founder dies at 75

Fuller Family for web
Monday, Apr. 1, 2019, 03:14 PM
SubPrime Auto Finance News Staff
Last Friday, NextGear Capital announced the passing of John Fuller, company founder and a pioneer in automotive dealer financing. The company described Fuller as a “true innovator” in the field of floor planning; a segment of the automotive industry that ... [Read More]

CFPB Supervisory Highlights recap examinations of ancillary-product rebates

compliance
Monday, Apr. 1, 2019, 03:10 PM
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau indicated that it took a deep look at what it called “unfair and deceptive practices” regarding rebates for certain ancillary products after examining the protocols executed by at least one captive finance company. CFPB officials ... [Read More]

Equifax and Wolters Kluwer join forces on end-to-end CECL solution

chart
Friday, Mar. 29, 2019, 01:39 PM
SubPrime Auto Finance News Staff
Two more service providers are joining forces to help finance companies navigate the complicated protocols associated with upcoming changes implemented by the Financial Accounting Standards Board (FASB). Equifax and Wolters Kluwer’s Finance, Risk & Reporting (FRR) business are teaming up to provide ... [Read More]

BillingTree creates new post and picks chief operating officer

new hire
Friday, Mar. 29, 2019, 01:38 PM
SubPrime Auto Finance News Staff
BillingTree created a new executive position and appointed a new chief operating officer this week. Taking on the role is Terri Harwood. In this newly created position, the company highlighted Harwood will lead BillingTree operations during a period of rapid ... [Read More]

Cordray resurfaces in California for discussion about ‘attacks against consumer protections’

news update
Thursday, Mar. 28, 2019, 02:50 PM
SubPrime Auto Finance News Staff
Having been unsuccessful in becoming governor of Ohio, former Consumer Financial Protection Bureau Richard Cordray appears to have resurfaced on the West Coast in connection with a high-ranking California state lawmaker. Multiple social media posts from California Assemblymember Monique Limon ... [Read More]

National Creditors Connection’s ‘superstar’ returns in new executive role

new hire 2
Wednesday, Mar. 27, 2019, 02:17 PM
SubPrime Auto Finance News Staff
Taylor Thurman is back with National Creditors Connection Inc. (NCCI). The loss-reduction outsourcing (LRO) company recently announced Thurman returned to be its director of sales in the auto-finance market. NCCI indicated Thurman will be leading all market development and sales ... [Read More]
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