As delinquencies rise and margins tighten, leading auto lenders use AI agents to cut collections and servicing costs without compromising...
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2025 Non-Prime Automotive Financing Industry Survey is ‘more than just numbers’
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COMMENTARY: Is your payments platform safeguarding compliance?
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GrooveCar gears up for annual April Auto Sales Event
Thursday, Apr. 19, 2018, 04:37 PM
SubPrime Auto Finance News Staff
Along with an effort to raise awareness and funds for Special Olympics NY, GrooveCar is running its annual April Auto Sales Event starting on Friday through its network of participating credit unions and dealerships. Credit unions in the New York ... [Read More]
Zurich now available on Darwin Automotive
Thursday, Apr. 19, 2018, 04:35 PM
SubPrime Auto Finance News Staff
Darwin Automotive’s menu for dealership F&I departments became even more robust this week. Darwin announced that it has added Zurich North America’s F&I products to the Darwin core F&I menu, as well as Darwin digital retailing and service menu. “We ... [Read More]
Resource Hub
Best Practices, Ideas, and Tools for Business
Out-of-State Titling: 12 Steps Every Title Clerk Should Follow (The Easy Way)
Out-of-state titling isn’t easy. With every state having different DMV requirements, document packets, and deadlines, it’s easy for mistakes to...
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Free Guide: How Smart Dealers Can Profit from Customer Car Insurance
Turn Customer Auto Insurance into Dealership Profit If you're not profiting from auto insurance in your dealership, now’s the time...
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Go In-House With Your Photos
Your Photo Vendor Didn’t Show Up Again? Let’s Fix That. Stop relying on vendors and start owning your inventory. This...
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The Auto Dealer’s Complete Checklist for Evaluating AI
The Auto Dealer’s Complete Checklist for Evaluating AI highlights key questions dealership leaders should ask technology partners during the selection...
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Dealer Guide: Selecting the Right Auto Logistics Partner
In retail automotive, your transport provider isn’t just moving cars — they’re moving your business forward. Every delayed delivery, damaged...
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Case Management Made Easy: Harnessing the Power of Technology
Lenders are grappling with record-high automotive loan delinquencies, all while navigating budget constraints, staffing shortages and more. To overcome these...
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4 trade associations cheer Senate vote to repeal CFPB auto finance bulletin
Thursday, Apr. 19, 2018, 02:52 PM
Nick Zulovich, Senior Editor
Four of the industry associations with significant presence on Capitol Hill celebrated on Wednesday after the U.S. Senate passed a Congressional Review Act Resolution (S.J. Res. 57) to repeal the 2013 Auto Finance Bulletin issued by the Consumer Financial Protection ... [Read More]
Russi’s upcoming departure among 5 exec changes at Ally
Thursday, Apr. 19, 2018, 01:25 PM
SubPrime Auto Finance News Staff
One of the faces well known with Ally Financial’s auto finance business is leaving the company as part of key leadership changes announced on Thursday in association with changes to its auto finance, insurance and risk management organizations. According to ... [Read More]
CARS integrates IBEAM into Clearplan repo agent dashboard
Wednesday, Apr. 18, 2018, 08:13 PM
SubPrime Auto Finance News Staff
Another example of industry cooperation in the repossession world came to light on Wednesday. Consolidated Asset Recovery Systems (CARS) announced that the forwarding company has integrated its IBEAM repossession and remarketing compliance portal with the Clearplan dashboard used by repossession ... [Read More]
ENDTRUST rolls out platform to blend forwarding and direct repo models
Wednesday, Apr. 18, 2018, 03:30 PM
SubPrime Auto Finance News Staff
The auto industry relationship involving Jim Calvert and David Gryglewicz dates back several years, and now the pair has collaborated to form a new company designed to improve repossessions, recoveries and remarketing. This new operation — ENDTRUST — looks to ... [Read More]
CreditMiner’s soft pull technology part of new Dealer eProcess website product
Wednesday, Apr. 18, 2018, 03:20 PM
SubPrime Auto Finance News Staff
Dealers now have another option for helping their potential customers learn about their financial capacity as their searching store inventory. Automotive website and digital marketing company Dealer eProcess recently announced that it has signed with CreditMiner for soft pull technology, delivering ... [Read More]
Examining how mandatory updates truly impact the recovery industry
Tuesday, Apr. 17, 2018, 08:58 PM
Cort DeHart, MBSi Corp.
Data driven insights are increasingly bringing new perspectives on the usefulness of long-established processes and practices. Over the last few years, MBSi Corp. has begun to dive deeply into the tens of millions of repossession-related data points contained within its ... [Read More]
Ally Financial gives top supplier honor to Primeritus Financial Services
Tuesday, Apr. 17, 2018, 06:29 PM
SubPrime Auto Finance News Staff
A trio of executives from Primeritus Financial Services described how much it meant to receive a special honor from Ally Financial. On Tuesday, Primeritus, a leading provider of recovery management, skip-tracing and remarketing services for the auto finance industry in ... [Read More]
March default reading mixed depending on comparison
Tuesday, Apr. 17, 2018, 03:26 PM
SubPrime Auto Finance News Staff
Auto finance defaults improved a bit on a sequential comparison but deteriorated slightly on a year-over-year basis in March, according to the latest S&P/Experian Consumer Credit Default Indices. On Tuesday, S&P Dow Jones Indices and Experian released their data through March, ... [Read More]
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