GWC Warranty is opening 2019 with a reinforced staff to highlight its used-vehicle service contracts sold through dealers. The company recently announced the addition of Andrew Huber as its new product strategy manager. As a member of the marketing department, ... [Read More]

Ally Financial specifically targeted locations in Florida, North Carolina, California, Michigan and New Jersey where its holiday cheer could be most impactful. The finance company is showing its appreciation for its dealer customers this holiday season with a series of ... [Read More]

With SubPrime Auto Finance News wrapping up its online endeavors for the year on Friday, it presented the opportunity to delve into the metrics of our website activity, using the capabilities of Google Analytics to uncover what you the reader ... [Read More]

Pegasystems revealed results of a consumer study about extended vehicle warranties that likely reinforce the value proposition finance managers present to their customers, but also probably reiterate store frustrations over sales penetration rates for these products not being higher. Pegasystems, ... [Read More]

If contract holders already were 30 days behind on their installment payment when Halloween arrived, they now might be up for repossession, especially in the 20 states that Experian identified as having a 30-day delinquency rate above 2 percent at ... [Read More]

In an age where so much communication now occurs via email or an even faster text message, a hand-delivered letter from an industry association quickly generated a phone call from the new director of the Consumer Financial Protection Bureau. That ... [Read More]

TransUnion’s 2019 consumer credit forecast includes a projected rise in subprime financing as a part of all of auto financing originated next year.   However, the predicted rise still is expected to come in below the volume of subprime financing ... [Read More]

More details arrived on Tuesday from KAR Auction Services with regard to its presence in the repossession and recovery spaces. According to a news release, KAR announced a consolidated management team for its software as a service businesses Recovery Database ... [Read More]

According to the newest update from the Federal Trade Commission, checks literally are in the mail for customers of a California dealer group that settled with the regulator last year. The FTC said it is mailing 43,456 checks totaling more ... [Read More]

Perhaps reflecting a process as difficult as getting vehicle financing finalized for a customer with too little monthly income and too much debt burden and negative equity, the nearly six-month, politically divided slog to confirm Kathy Kraninger as the next ... [Read More]