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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

Black Book shares white paper focused on upcoming requirements for loss reserves

bar-chart
Wednesday, Jan. 16, 2019, 05:03 PM
SubPrime Auto Finance News Staff
Black Book responded to auto finance companies and buy-here, pay-here dealers still looking for help on how to comply with upcoming accounting changes in connection with reserving for losses. On Wednesday, Black Book released a new educational white paper titled, ... [Read More]

Advantage GPS introduces wire-free tracking devices

Advantage GPS image for SPN
Wednesday, Jan. 16, 2019, 04:36 PM
SubPrime Auto Finance News Staff
Some smartphones no longer need a cord to recharge, and now Advantage GPS has a unit that doesn’t need wires to function in a vehicle connected with a retail installment sales contract held by an auto finance company. On Wednesday, ... [Read More]

KPA strengthens workforce management solution with acquisition of Compli

acquisition
Wednesday, Jan. 16, 2019, 04:30 PM
SubPrime Auto Finance News Staff
Two technology names in the compliance space now are within the same organization. On Tuesday, KPA, a software-as-a-service and services provider for compliance and workforce management solutions, announced its acquisition of Compli, a provider of HR business process automation solutions. ... [Read More]

Banks, finance companies and regulators unite to help furloughed federal workers

white house shutdown pic
Tuesday, Jan. 15, 2019, 03:26 PM
Nick Zulovich, Senior Editor
With the federal government shutdown clash involving President Trump and Congressional leaders already lasting longer than any impasse in history, policymakers, banking leaders and finance companies are all collaborating to help impacted federal workers who are not being paid their ... [Read More]

3 suggestions to reverse challenges of selling VSCs

best practices
Monday, Jan. 14, 2019, 03:33 PM
SubPrime Auto Finance News Staff
Pegasystems’ recent study that found the majority of drivers (63 percent) do not have active extended warranties despite seeing their value prompted the team at GWC Warranty to compile a trio of recommendations to help dealerships and their finance offices ... [Read More]

KAR shifts former PAR North America executive to RDN

new hire 2
Friday, Jan. 11, 2019, 03:43 PM
SubPrime Auto Finance News Staff
On Friday, KAR Auction Services announced an addition to the management team for one of its business units, Recovery Database Network (RDN). Joining the provider of specialized software and data solutions to customers across the repossession and disposition value chain as ... [Read More]

700Credit unveils tool to combat synthetic fraud

fraud prevention
Friday, Jan. 11, 2019, 03:41 PM
SubPrime Auto Finance News Staff
The team at 700Credit this week rolled out a new solution built to identify and combat synthetic fraud using a suite of synthetic identity detection rules to prevent criminals from continuing to hide behind false identities. The provider of credit ... [Read More]

Exeter Finance files for $100M IPO

latest news
Thursday, Jan. 10, 2019, 08:56 PM
Nick Zulovich, Senior Editor
Exeter Finance is going public, joining providers such as Credit Acceptance and Consumer Portfolio Services as specialists in subprime auto finance that also sell public shares. The Texas-based company that began originations in April 2006 filed paperwork this week with ... [Read More]

BillingTree appoints new CEO

board-room
Thursday, Jan. 10, 2019, 03:37 PM
SubPrime Auto Finance News Staff
BillingTree named a new chief executive officer on Thursday. Coming aboard as the new leader of the supplier of financial technology and payment solutions is Christine Lee. The company indicated in a news release that former CEO Edgars Sturans will ... [Read More]

FCC launches database for reassigned phone numbers

compliance pic
Wednesday, Jan. 9, 2019, 05:00 PM
SubPrime Auto Finance News Staff
Before the federal government shutdown took hold, the Federal Communications Commission adopted new rules that can impact phone numbers auto finance company collection departments might be trying to regain contact with delinquent contract holders. The new FCC rules are designed ... [Read More]
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