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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
SPONSORED EPISODE: From Acquisition to Sale — Winning Used Car Tactics from Autotrader and vAuto experts
Tuesday, Nov. 11, 2025, 05:28 PM
In this sponsored episode of the Auto Remarketing Podcast, host Bill Zadeits joins with Elizabeth Stegall of Autotrader, Kelley Blue Book and ICO, and Bethany Johnson from vAuto to preview their Used Car Week workshop. Listen now and you’ll get ... Listen Here

AGORA unveils validation report for seasoned contracts

auto financing
Monday, Nov. 5, 2018, 05:04 PM
SubPrime Auto Finance News Staff
AGORA Data is responding to the need for accurate information involving seasoned vehicle installment contracts. On Monday, the secondary loan marketplace announced what that company believes is the release of the first-ever loan validation report for seasoned loans. AGORA’s proprietary ... [Read More]

Secure Collateral Management to leverage MBSi’s compliance management system

compliance pic
Monday, Nov. 5, 2018, 05:02 PM
SubPrime Auto Finance News Staff
Secure Collateral Management already announced the skip-tracing and collateral recovery provider was moving into a new headquarters. And then Monday, Secure Collateral Management and MBSi Corp. — a member of the Automotive Intelligence Council and provider of repossession assignment software ... [Read More]

New-model prices keep rising as average APR hits highest point in 9 years

bar-chart
Thursday, Nov. 1, 2018, 02:44 PM
SubPrime Auto Finance News Staff
Finance companies continue to fill and expand their portfolios, especially when buying paper attached to a new vehicle that’s becoming more difficult for consumers to afford as transaction prices and interest rates keep climbing. October data shared by Edmunds and ... [Read More]

ARA and TFA to host webinar to share plans for new association

latest news
Wednesday, Oct. 31, 2018, 03:39 PM
SubPrime Auto Finance News Staff
At the beginning of October, the American Recovery Association (ARA) and Time Finance Adjusters (TFA) announced plans to form one organization that would launch in January. During a free webinar, the two organizations will present more details of the new ... [Read More]

PAR completes year-long task, unveils Platinum Compliance portal

compliance
Wednesday, Oct. 31, 2018, 03:32 PM
SubPrime Auto Finance News Staff
Lisa Scott took charge of PAR North America (PAR) last August with a specific objective near the top of her agenda as she began to oversee this segment of KAR Auction Services. “One of my goals was to enhance the ... [Read More]

Westlake Financial Services adopts PointPredictive Auto Fraud Manager

fraud prevention
Wednesday, Oct. 31, 2018, 03:28 PM
SubPrime Auto Finance News Staff
Westlake Financial Services is taking additional steps to shield itself from potential fraud. On Tuesday, PointPredictive, the San Diego-based machine learning company, announced that Westlake is its newest auto-finance client. As part of this relationship, Westlake will use the company’s ... [Read More]

CARS lands 3 more clients using web-based recovery platform

partnership
Wednesday, Oct. 31, 2018, 03:26 PM
SubPrime Auto Finance News Staff
Consolidated Asset Recovery Systems (CARS) recently brought three more finance companies into its client portfolio. Flagship Credit Acceptance announced today that it has selected the CARS’ IBEAM (Internet Based Electronic Asset Management) web portal for managing the repossession and remarketing ... [Read More]

Federal jury renders guilty verdict in NC-based fraud scheme

federal court house
Tuesday, Oct. 30, 2018, 02:42 PM
SubPrime Auto Finance News Staff
Federal prosecutors recently landed a conviction involving a trio operating an elaborate auto-finance fraud arrangement in North Carolina. Andrew Murray, U.S. Attorney for the Western District of North Carolina, said a federal jury in Charlotte returned a guilty verdict against ... [Read More]

DRN sets new company record for live pickups in a single month

red arrow graphic
Monday, Oct. 29, 2018, 02:10 PM
SubPrime Auto Finance News Staff
One of the presenting sponsors of Used Car Week 2018 — Digital Recognition Network — recently set a new company record. The artificial intelligence and data analytics company that provides vehicle location data and analytics to finance companies, insurance carriers ... [Read More]

Sword Apak acquired by French company

acquisition
Monday, Oct. 29, 2018, 02:09 PM
SubPrime Auto Finance News Staff
There’s been another change in ownership within the floor-planning space. Sopra Steria, a European leader in digital transformation, recently announced the acquisition of lending solutions provider Sword Apak, a subsidiary of Sword Group. Sopra Steria has acquired, through its subsidiary ... [Read More]
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