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The real cost of inaction when it comes to transport fraud
Thursday, Jan. 29, 2026, 03:30 PM
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More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
Thursday, Jan. 29, 2026, 03:30 PM
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here
Lenders, forwarders & agents discuss repo bottlenecks
Wednesday, Jan. 28, 2026, 07:16 PM
In another of the Used Car Week 2025 panel discussions focused on repossessions and recoveries, AutoSquared.ai co-founder Bahador Rahimi led a conversation that included lenders, forwarders and agents. The group exchanged ideas about how industry firms can smooth the bottlenecks ... Listen Here

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]

Paramount Recovery bolsters facilities and workforce

money-key
Wednesday, Mar. 27, 2019, 02:04 PM
SubPrime Auto Finance News Staff
Paramount Recovery Service, a leading Southern California-based automotive repossession company, recently announced the expansion of its locations and services as well as the hiring of two industry experts. Company leaders highlighted the physical expansion includes the acquisition of PRS’ largest ... [Read More]

Auto defaults remain stable for second straight month to open 2019

application
Tuesday, Mar. 26, 2019, 02:37 PM
SubPrime Auto Finance News Staff
With all of the recent hubbub over delinquencies, auto finance defaults are remaining stable so far this year. S&P Dow Jones Indices and Experian released data through February for the S&P/Experian Consumer Credit Default Indices, and the auto component remained ... [Read More]

How revamped Fed strategy involving interest rates helps auto-finance companies

Federal reserve
Monday, Mar. 25, 2019, 02:39 PM
Nick Zulovich, Senior Editor
National Automotive Finance Association executive director Jack Tracey nicely summarized developments coming from the Federal Reserve last week. After making multiple upticks in interest rates last year, the Federal Open Market Committee (FOMC) decided to maintain the target range for ... [Read More]

Ally Financial championing entrepreneurship competition featuring students attending HBCUs

moguls march 25 for web
Monday, Mar. 25, 2019, 02:36 PM
SubPrime Auto Finance News Staff
College students from across the country are heading to Detroit this Friday through Sunday for a chance to make their entrepreneurial dreams come to life. Ally Financial has teamed up with fellow Motor City native, entertainer and entrepreneur Sean “Big ... [Read More]

Dealertrack adds another finance company using its title tool

partnership
Friday, Mar. 22, 2019, 01:32 PM
SubPrime Auto Finance News Staff
Another finance company is seeing the potential benefit of leveraging Dealertrack Accelerated Title. After recently reaching relationships with Westlake Financial Services as well as dealer associations in Louisiana and Wisconsin, Dealertrack this week announced that KeyBank Dealer Retail Services has ... [Read More]

COMMENTARY: Using AI and machine learning to keep market in ‘high gear’

opinion button
Friday, Mar. 22, 2019, 01:29 PM
Sean Bennett, Servicing Solutions
The Federal Reserve Bank of New York’s Center for Microeconomic Data recently released its quarterly report on household debt and credit.  While some pundits initially rushed to point to a negative theme — 7 million people had an auto finance ... [Read More]

COMMENTARY: Examining personal property handling, issues and costs

car-interior
Wednesday, Mar. 20, 2019, 03:09 PM
Mike Levison, ALS Resolvion
Over the past year, there has been a great deal of discussion about the fees related to the removal and storage of personal property. The issue has resulted in significant changes by most lenders as to how personal property fees ... [Read More]

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