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Industry Elite: Tony Rimas of XPEL
Tuesday, Mar. 31, 2026, 07:40 PM
Concluding our inaugural Industry Elite: The C-Suite honoree series is a conversation with Tony Rimas, who is vice president of global revenue at XPEL Inc. Rimas — an avid biker who swam and ran track & field and cross country ... Listen Here
Industry Elite honoree Mike Thomas of Resolvion on building his career — literally
Thursday, Mar. 26, 2026, 02:23 PM
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
Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
Wednesday, Mar. 25, 2026, 05:01 PM
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

Pegasystems consumer survey reiterates 3 hurdles about extended warranties

man-driving
Thursday, Dec. 13, 2018, 03:28 PM
SubPrime Auto Finance News Staff
Pegasystems revealed results of a consumer study about extended vehicle warranties that likely reinforce the value proposition finance managers present to their customers, but also probably reiterate store frustrations over sales penetration rates for these products not being higher. Pegasystems, ... [Read More]

20 states finish Q3 with 30-day delinquency rate above 2 percent

latest news
Wednesday, Dec. 12, 2018, 05:01 PM
SubPrime Auto Finance News Staff
If contract holders already were 30 days behind on their installment payment when Halloween arrived, they now might be up for repossession, especially in the 20 states that Experian identified as having a 30-day delinquency rate above 2 percent at ... [Read More]

Intimate dialogue begins involving NAFCU and CFPB

compliance pic
Wednesday, Dec. 12, 2018, 05:00 PM
SubPrime Auto Finance News Staff
In an age where so much communication now occurs via email or an even faster text message, a hand-delivered letter from an industry association quickly generated a phone call from the new director of the Consumer Financial Protection Bureau. That ... [Read More]

TransUnion sees subprime climb in 2019 but still below pre-recession level

bar-chart
Wednesday, Dec. 12, 2018, 04:58 PM
SubPrime Auto Finance News Staff
TransUnion’s 2019 consumer credit forecast includes a projected rise in subprime financing as a part of all of auto financing originated next year.   However, the predicted rise still is expected to come in below the volume of subprime financing ... [Read More]

KAR consolidates management team of RDN and Clearplan

executive boardroom
Tuesday, Dec. 11, 2018, 04:29 PM
SubPrime Auto Finance News Staff
More details arrived on Tuesday from KAR Auction Services with regard to its presence in the repossession and recovery spaces. According to a news release, KAR announced a consolidated management team for its software as a service businesses Recovery Database ... [Read More]

FTC distributes settlement funds from California dealer group

Federal Trade Commission
Monday, Dec. 10, 2018, 03:14 PM
SubPrime Auto Finance News Staff
According to the newest update from the Federal Trade Commission, checks literally are in the mail for customers of a California dealer group that settled with the regulator last year. The FTC said it is mailing 43,456 checks totaling more ... [Read More]

Highly partisan path to CFPB director confirmation finally concludes

capitol hill
Friday, Dec. 7, 2018, 03:49 PM
Nick Zulovich, Senior Editor
Perhaps reflecting a process as difficult as getting vehicle financing finalized for a customer with too little monthly income and too much debt burden and negative equity, the nearly six-month, politically divided slog to confirm Kathy Kraninger as the next ... [Read More]

Primeritus Financial Services elevates McGinness to be first COO

job promotion
Friday, Dec. 7, 2018, 03:43 PM
SubPrime Auto Finance News Staff
The senior vice president of operations at Primeritus Financial Services now is the forwarding company’s first chief operating officer. The company announced on Friday that Chris McGinness has been appointed as COO effective immediately. As chief operating officer, Primeritus highlighted that ... [Read More]

Subprime originations at lowest point since 2007

subprime credit report
Thursday, Dec. 6, 2018, 03:59 PM
SubPrime Auto Finance News Staff
Not since the credit pinch triggered by the Great Recession have subprime originations been this low, giving finance companies a clear indication where in the cycle the industry currently sits. With the uptick in average credit scores for vehicle financing ... [Read More]

PODCAST: More details on KAR’s Clearplan purchase

ar-podcast-_website_4_2_7_0_1_0_0_0_4_2_1_2_1_7_0_0
Wednesday, Dec. 5, 2018, 06:54 PM
SubPrime Auto Finance News Staff
KAR Auction Services announced two major purchases in November. In this conversation at Used Car Week, we talk with three folks involved in the first of those two: KAR's purchase of Clearplan, which was announced on Nov. 12.  Clearplan is ... [Read More]

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