Experts see Middle East conflict making current car & credit markets even more challenging
Tuesday, Mar. 24, 2026, 10:27 AM
With additional insight about affordability, FICO watches average credit scores tick lower again
Wednesday, Mar. 25, 2026, 11:27 AM
PODCAST: Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
Wednesday, Mar. 25, 2026, 01:05 PM
Industry Elite honoree Mike Thomas of Resolvion on building his career — literally
Next up in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Thomas, who is chief executive officer of Resolvion. Thomas shares memories with Cherokee Media Group senior editor Nick Zulovich about working in construction and ... Listen Here
Thursday, Mar. 26, 2026, 02:23 PM
Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Jennifer Turnage, who is chief executive officer of Primeritus Financial Services. Turnage talks with Cherokee Media Group senior editor Nick Zulovich about the importance ... Listen Here
Wednesday, Mar. 25, 2026, 05:01 PM
Industry Elite honoree Kelly Wyatt on 25-year career with GM Financial
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Kelly Wyatt, who is chief digital officer with GM Financial. Wyatt shares a conversation with Cherokee Media Group senior editor Nick Zulovich about being ... Listen Here
Wednesday, Mar. 25, 2026, 04:43 PM
MBSi acquires My Recovery System and Vendor Transparency Solutions
Tuesday, Mar. 5, 2019, 03:24 PM
SubPrime Auto Finance News Staff
More consolidation in the recovery space arrived late on Tuesday as Automotive Intelligence Council member MBSi Corp. increased its collection of resources. The provider of compliance-enabled repossession assignment management software and vendor management software announced the acquisition of My Recovery ... [Read More]
Kingsway Financial Services finalizes acquisition of Geminus Holding
Tuesday, Mar. 5, 2019, 03:20 PM
SubPrime Auto Finance News Staff
An F&I provider that’s been in business for more than 30 years has new ownership. Kingsway Financial Services on Tuesday announced it has closed on its acquisition of Geminus Holding Co., a specialty, full-service provider of vehicle service contracts and other ... [Read More]
Protective Asset Protection discusses potential 20% lift in F&I profit
Monday, Mar. 4, 2019, 04:02 PM
SubPrime Auto Finance News Staff
According to Protective Asset Protection, experts estimated that dealerships leveraging a dealer-owned warranty company structure to sell F&I products are seeing a 20-percent lift in profits on average for F&I sales. Protective Asset Protection has focused on this topic significantly ... [Read More]
ACC Consumer Finance picks Servicing Solutions to support ride-hailing finance offering
Monday, Mar. 4, 2019, 03:57 PM
SubPrime Auto Finance News Staff
ACC Consumer Finance, a specialized indirect auto finance company, recently announced that it has selected Servicing Solutions as its primary servicer. As a result of this agreement, Servicing Solutions will support ACC’s ride-hailing finance offering. ACC Consumer Finance offers a ... [Read More]
2 clear trends emerge from February’s initial finance data
Friday, Mar. 1, 2019, 04:58 PM
SubPrime Auto Finance News Staff
Two trends emerged when experts from Cox Automotive, Edmunds and Kelley Blue Book took an initial look at auto data from February — rising new-vehicle costs and spiking interest rates. Kelley Blue Book noticed the average transaction prices for new models ... [Read More]
Experian offers more evidence of overblown delinquency concerns
Thursday, Feb. 28, 2019, 03:49 PM
SubPrime Auto Finance News Staff
Ever since some consumer-advocate commentators latched onto one piece of recent auto-finance data, experts from the automotive world replied with context to counter thoughts that thousands soon would be walking because they no longer had a vehicle. While vehicle affordability and ... [Read More]
Former CARS, Dealertrack executive joins Servicing Solutions
Wednesday, Feb. 27, 2019, 04:15 PM
SubPrime Auto Finance News Staff
An executive with nearly 20 years of experience with Consolidated Asset Recovery Systems and Dealertrack now is part of the leadership team at Servicing Solutions. The loan servicing organization specializing in primary and back up servicing announced on Wednesday that ... [Read More]
Examining ‘appetite’ for subprime and pinpointing 10 brands with highest market penetration
Wednesday, Feb. 27, 2019, 04:13 PM
SubPrime Auto Finance News Staff
With Cox Automotive experts suspecting that “credit will likely tighten as the appetite for subprime declines,” the company also shared the makes that have the largest penetration of subprime retail installment contracts and vehicle leases so far this year. Cox ... [Read More]
3 bureaus respond as lawmakers seek credit-reporting improvements
Tuesday, Feb. 26, 2019, 03:51 PM
SubPrime Auto Finance News Staff
Top executives from Equifax, Experian and TransUnion all appeared on Capitol Hill on Tuesday for a hearing orchestrated by the U.S. House Financial Services Committee, which is seeking revamps to how credit reporting is completed. And one of the companies ... [Read More]
KBRA examines impact of extensions on subprime ABS
Monday, Feb. 25, 2019, 03:46 PM
SubPrime Auto Finance News Staff
Finance companies sometimes give grace to contract holders in hopes the individual can get back on the payment track since it’s potentially much more lucrative than having to go through the repossession and recovery processes. Kroll Bond Rating Agency (KBRA) released ... [Read More]
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