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Expectations for repossessions in the US & Canada with Purr’s Chris Schellenberger
Wednesday, Jan. 14, 2026, 07:48 PM
Purr founder and CEO Chris Schellenberger opened Used Car Week 2025 on the Live Stage presented by SYCN Auto Logistics. Schellenberger, whose unique business model offers a retail consignment platform for repossessed vehicles, discussed what the repo industry could be ... Listen Here
Robert Guerrero of ClaimBuyout on inventory opportunities for dealers via repairable vehicles
Tuesday, Jan. 13, 2026, 07:19 PM
Robert Guerrero spent nearly 14 years as an executive with Insurance Auto Auctions, so he understands the complexities of damaged vehicles, distraught owners, auto insurers and repair shops. Now as the president and co-founder of ClaimBuyout, Guerrero explained how damaged ... Listen Here
Protecting yourself when it comes to vehicle transport with Autosled VP Sam Goldenberg
Monday, Jan. 12, 2026, 05:16 PM
Imagine being a dealer and the vehicle you expected to be transported to your store isn’t on the hauler behind your showroom. And no one knows where the vehicle is. To help avoid the unfortunate situation, Autosled vice president of ... Listen Here

MBSi Corp. hires former Copart exec as COO

executive boardroom
Tuesday, Oct. 23, 2018, 02:51 PM
SubPrime Auto Finance News Staff
MBSi Corp., one of the founding members of the Automotive Intelligence Council, named a new chief operating officer on Tuesday. The provider of repossession assignment software and vendor compliance solutions to the auto finance industry brought on former Copart chief ... [Read More]

Westlake’s vehicle protection program now available nationwide

latest news
Monday, Oct. 22, 2018, 02:03 PM
SubPrime Auto Finance News Staff
Dealers nationwide not only can use Westlake Financial Services to get a deal bought for their potential buyers, but stores also can leverage the provider for another ancillary product, too. Westlake recently announced the nationwide expansion of its vehicle protection ... [Read More]

Secure Collateral Management prepping for move into new headquarters

SCM picture
Thursday, Oct. 18, 2018, 06:13 PM
SubPrime Auto Finance News Staff
This autumn truly represents a season of change for Secure Collateral Management (SCM), a provider of skip-tracing and collateral recovery. SCM is moving its corporate headquarters into a new state of the art facility this fall. Company management highlighted this ... [Read More]

Subprime originations continue downward drift

money-key
Thursday, Oct. 18, 2018, 03:17 PM
SubPrime Auto Finance News Staff
The monthly update surfaced earlier this week about how auto-finance defaults improved again. Perhaps that trend stems at least in part to less subprime paper flowing into portfolios. The latest metrics shared by Equifax indicated that 2.78 million contracts were ... [Read More]

September auto performance helps overall default rate dip to lowest point of 2018

news pic
Wednesday, Oct. 17, 2018, 03:57 PM
SubPrime Auto Finance News Staff
Auto-finance performance helped the composite rate of the S&P/Experian Consumer Credit Default Indices register its best reading thus far this year. Based on data through September, S&P Dow Jones Indices and Experian reported on Tuesday that the auto finance default ... [Read More]

Primeritus receives award from Toyota Financial Services

award winner
Monday, Oct. 15, 2018, 05:43 PM
SubPrime Auto Finance News Staff
One of the largest captive finance companies recently gave an award to Primeritus Financial Services. The national provider of repossession management, remarketing, titled services and skip-tracing services to the auto finance industry announced it was the first supplier to receive ... [Read More]

Atcheson: How fish pedicures and smoking ice cream can get people talking about vehicle buying

kenny dessert picture for SPN
Monday, Oct. 15, 2018, 02:45 PM
Kenny Atcheson, Dealer Profit Pros
As we approach the holiday season, our thoughts turn to families and friends sitting around their living rooms. What are they talking about? Probably politics, little Joey’s grades, the football game, etc. What would it take for your customer to ... [Read More]

Federal court rules in favor of DRN in case involving Location Services and DigitalDog Auto Recovery

legal analysis_8
Friday, Oct. 12, 2018, 01:34 PM
SubPrime Auto Finance News Staff
Just a couple of days after Location Services announced that DigitalDog Auto Recovery was among its five acquisitions, Digital Recognition Network (DRN) said on Friday that it secured a federal court victory involving both of those recovery industry companies. DRN, ... [Read More]

DIMONT enhances sales team with former Black Book and Exeter executives

new hire 2
Thursday, Oct. 11, 2018, 03:04 PM
SubPrime Auto Finance News Staff
On Thursday, DIMONT welcomed two sales executives to its automotive team who have spent part of their careers at companies such as Black Book, FICO and Exeter Finance. The Dallas-based provider of insurance claims adjusting and collateral loss mitigation services ... [Read More]

Location Services acquires 5 more recovery-driven companies

acquisition
Thursday, Oct. 11, 2018, 03:00 PM
SubPrime Auto Finance News Staff
A week after making it official that the company acquired Remarketing of America, Location Services returned to acquisition mode on Wednesday by securing five more operations for its portfolio. Location Services announced the acquisition of Auto Approve as well as four ... [Read More]
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