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Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

17 repo agents receive honors from PAR North America

PAR Agent Event 2019 for web
SubPrime Auto Finance News Staff
PAR North America, a division of KAR Auction Services, handed out its Agent of the Year and LPR Agent of the Year, Resolution Champion and Compliance Champion, Regional Choice and other award winners during its 2019 PAR Agent Event in ... [Read More]

Study details ‘pessimism’ about future subprime performance

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SubPrime Auto Finance News Staff
One of the experts set to appear during the upcoming 23rd annual Non-Prime Auto Financing Conference hosted by the National Automotive Finance Association doesn’t have upbeat expectations of how the subprime auto finance space will perform. Portfolio performance is expected ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turning Dealer Group Data into Demand

Stop letting messy data hold your dealership back from its true earning potential. While many multi-roof dealer groups struggle to...
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Evaluating VPP Cancellation Systems: 7 Questions Every Lender Should Ask

Selecting the right VPP cancellation system is critical to maintaining compliance, maximizing recoveries, and improving operational efficiency. As regulatory requirements...
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Auto lenders spent on AI. Here’s what paid off.

A panel of auto-lending leaders — CEOs of subprime auto finance companies, VPs of Collections, CROs, indirect-lending executives at two...
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Experian Automotive Dealer Fraud Threat Report

Fraud is Hitting Dealerships Hard When one bad deal can erase tens of thousands in profit, fraud becomes impossible to...
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AI-Financing Spotlight: How Tracy Honda Sells 12-15 More Deals Monthly

Discover how Tracy Honda is outperforming its market by leveraging AI-powered auto financing to drive faster approvals and close more...
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The AI Dealer Playbook: 5 Questions to Ask Before You Buy AI

Artificial intelligence is rapidly reshaping dealership operations by automating communication, improving workflows, and supporting staff with tools like copilots and...
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Speaking the Same Language: How Dealers Structure Capital for Real Estate and Growth

Why Capital Structures Matters in Today’s Market Dealers actively expanding or acquiring real estate are often constrained not by opportunity—but...
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Dealer Playbook: 5 Takeaways for Auto Retailers Using AI

The May issue of Auto Remarketing — “Shifting Gears: AI’s Role in Retail Automotive” — explores how top auto retailers...
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CoreLogic rolls out 2 new tools for using alternative data, assessing potential tornado damage

Riley Chevrolet
SubPrime Auto Finance News Staff
Along with rolling out a tool that’s designed to deliver precise damage exposure data from a tornadic event within minutes, CoreLogic on Wednesday launched a solution aimed at leveraging the capability of alternative credit data. The global property information, analytics ... [Read More]

FTC amends rules for FCRA disclosure and compliance

Federal Trade Commission
SubPrime Auto Finance News Staff
Now is the time for dealerships and finance companies to check their documents in connection with the Fair Credit Reporting Act. Just before Memorial Day weekend, the Federal Trade Commission approved publication of a Federal Register notice announcing the rescission ... [Read More]

KPA names new president and CEO

board-room
SubPrime Auto Finance News Staff
KPA acquired Compli earlier this year, and now the provider of environmental health and safety (EHS), HR management and F&I compliance software and services has a new president and chief executive officer. According to a news release distributed on Wednesday, ... [Read More]

RSIG and Allied Finance Adjusters to include 2 FBI experts during annual event

news update
SubPrime Auto Finance News Staff
Recovery Specialist Insurance Group (RSIG) and Allied Finance Adjusters are prepping for their annual gathering. REPO19 is set to begin on June 18 in Phoenix. Among the collection of experts set to speak during the three-day event, organizers highlighted the ... [Read More]

New Fed consumer survey and updated TransUnion data refute subprime stereotypes

wages
SubPrime Auto Finance News Staff
The narrative sometimes pushed by critics of subprime auto finance is that consumers who encounter financial problems in part because of their substantial vehicle payment turn to personal loans with interest rates sometimes higher than the ones connected to the ... [Read More]

Credit Acceptance adds COO to executive team

board-room
SubPrime Auto Finance News Staff
Credit Acceptance Corp. created a new executive position this week and appointed an individual who has been with the company for 17 years to the position. According to a filing with the Securities and Exchange Commission posted on Thursday, Credit ... [Read More]

Auto defaults remain stable in April

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SubPrime Auto Finance News Staff
Only once during the past 12 months has the auto finance default rate topped 1%. And the April reading remained steady on a sequential basis. This week, S&P Dow Jones Indices and Experian released data through April for the S&P/Experian ... [Read More]

TransUnion considers how quickly 2 auto-finance metrics might rise

auto finance pic 2
Nick Zulovich, Senior Editor
SubPrime Auto Finance News put Brian Landau on the spot a bit after TransUnion released its latest auto-finance data. The senior vice president and automotive business leader pondered the question about which of these milestones might happen first. Will the ... [Read More]

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