Another tech expert joins C-Level team at defi SOLUTIONS
Friday, Aug. 24, 2018, 02:34 PM
SubPrime Auto Finance News Staff
The c-level executive team at defi SOLUTIONS now has grown by three members so far this year. The latest addition is Jason Zubrick as chief technology officer. Zubrick comes to defi SOLUTIONS with nearly 20 years’ software architecture experience, most ... [Read More]
Trump nomination to lead CFPB approved by Senate committee
Thursday, Aug. 23, 2018, 03:25 PM
Nick Zulovich, Senior Editor
The polar opposite reaction to a one-vote margin of passage within the Senate Banking Committee reinforced why the nomination of Kathy Kraninger by President Trump to be the next director of the Consumer Financial Protection Bureau appears to be so ... [Read More]
ARA rolls out registration, theme and speakers for NARS 2019
Wednesday, Aug. 22, 2018, 03:52 PM
SubPrime Auto Finance News Staff
It might only be August, but the American Recovery Association (ARA) already has April on its radar. ARA in conjunction with headline sponsor, Harding Brooks Insurance, announced the theme, secured keynote speakers and early bird registration details for the 11th ... [Read More]
Merchant Partners and Acima Credit join forces for repair option for subprime customers
Wednesday, Aug. 22, 2018, 03:50 PM
SubPrime Auto Finance News Staff
For consumers who needed a subprime auto finance company to accept their application because of a soft credit profile, Merchant Partners and Acima Credit are collaborating to assist those same individuals who encounter financial hardship stemming from vehicle repair. The ... [Read More]
PointPredictive fraud tools now available to all defi SOLUTIONS customers
Wednesday, Aug. 22, 2018, 03:49 PM
SubPrime Auto Finance News Staff
Finance companies that use the defi SOLUTIONS platform now have additional tools to combat fraud. PointPredictive, a leading provider of machine learning fraud and misrepresentation solutions, announced on Wednesday that its Auto Fraud Manager 2.0 and DealerTrace 2.0 solutions are ... [Read More]
July auto defaults maintain seasonal pattern
Tuesday, Aug. 21, 2018, 02:25 PM
SubPrime Auto Finance News Staff
The seasonal upturn in auto defaults typically seen during the middle month of summer surfaced again based on the latest information from S&P Dow Jones Indices and Experian. According to data through July for the S&P/Experian Consumer Credit Default Indices ... [Read More]
9 Hudson Cook attorneys named among America’s best
Friday, Aug. 17, 2018, 02:19 PM
SubPrime Auto Finance News Staff
Nine Hudson Cook attorneys were recently selected for inclusion in the 2019 edition of The Best Lawyers in America, up from five recognized a year ago. Attorneys named to The Best Lawyers in America were recognized by their peers in ... [Read More]
Millennium Capital describes 2 products stemming from VendorRisk partnership
Friday, Aug. 17, 2018, 02:18 PM
SubPrime Auto Finance News Staff
Millennium Capital and Recovery Corp. sees its latest partnership as the combination of “intelligent automation and human ingenuity.” The provider of nationwide recovery management and related services as well as the lead sponsor of Repo Con at Used Car Week ... [Read More]
PAR North America honors 15 recovery agents, generates money for RABF
Thursday, Aug. 16, 2018, 01:52 PM
SubPrime Auto Finance News Staff
PAR North America recently held an event to honor 15 of the best repossession operations in the country and generated funds to help agents who sustain negative consequences that sometimes come with the job. The business unit of KAR Auction ... [Read More]
Today’s hot repo topic: personal property and redemption fees
Wednesday, Aug. 15, 2018, 08:10 PM
Mike Levison, ALS Resolvion
Over the past year, the handling of personal property and redemption fees has become one of the hottest compliance topics in the industry. It is on the radar screen of virtually every auto finance company in the country, as well ... [Read More]
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