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The real cost of inaction when it comes to transport fraud
Thursday, Jan. 29, 2026, 03:30 PM
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More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
Thursday, Jan. 29, 2026, 03:30 PM
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here
Lenders, forwarders & agents discuss repo bottlenecks
Wednesday, Jan. 28, 2026, 07:16 PM
In another of the Used Car Week 2025 panel discussions focused on repossessions and recoveries, AutoSquared.ai co-founder Bahador Rahimi led a conversation that included lenders, forwarders and agents. The group exchanged ideas about how industry firms can smooth the bottlenecks ... Listen Here

Ranney launching new credit-reporting venture this spring

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Friday, May. 9, 2025, 09:55 AM
SubPrime Auto Finance News Staff
Tim Ranney is getting back into the credit-reporting business this spring. Ranney — who previously owned Clarity Services, which was purchased by Experian in 2018 — is launching Congruit Credit, an emerging national consumer credit reporting agency positioned to usher ... [Read More]

As rates stay unchanged, headwinds build against auto retailers & financiers

Thursday, May. 8, 2025, 10:27 AM
Nick Zulovich, Senior Editor
In what economists said was “universally expected,” the Federal Reserve left the federal funds target rate unchanged on Wednesday. The Federal Open Market Committee (FOMC) kept that rate at a range of 4.25% to 4.50% and reiterated a deliberate approach ... [Read More]

Who to Watch: Wayne Ray uses energy cultivated by family & military to make repossession industry better

Wednesday, May. 7, 2025, 02:12 PM
Nick Zulovich, Senior Editor
EDITOR’S NOTE: This story is part of the May edition of Auto Remarketing, which will focus entirely on a new special feature: Who to Watch. This special feature will recognize auto industry executives and companies — selected by Cherokee Media Group’s ... [Read More]

Santander Consumer USA receives 2025 FICO Decisions Award

Wednesday, May. 7, 2025, 11:39 AM
SubPrime Auto Finance News Staff
Santander Consumer USA received more than just an auto-finance applicant’s credit score and risk assessment from FICO. At the FICO World Conference on Wednesday, FICO announced Santander has won a 2025 FICO Decisions Award for its use of machine learning. ... [Read More]

Westlake Portfolio Management takes over servicing for Mechanics Bank Auto Finance

Wednesday, May. 7, 2025, 11:38 AM
SubPrime Auto Finance News Staff
Westlake Portfolio Management (WPM) is back in the business of absorbing outstanding portfolios. The subsidiary loan servicing company of Westlake Technology Holdings has entered into a servicing agreement with Mechanics Bank Auto Finance (MBAF) to oversee and manage its portfolio ... [Read More]

Experts tackle lending-market impact if ‘unease’ creates recession

Tuesday, May. 6, 2025, 10:11 AM
SubPrime Auto Finance News Staff
Experian North America chief economist Joseph Mayans and ADP chief economist Nela Richardson have used the terms “recession” and “unease” when discussing their respective looks at the lending market, the employment scene and general economy in recent days. You might ... [Read More]

Ripe repossession market prompts Automotive Ventures to invest in Loanbridge

Monday, May. 5, 2025, 11:40 AM
SubPrime Auto Finance News Staff
Equifax reported earlier this year that consumer debt in auto loans and leases has surpassed $1.7 trillion, exceeding credit card and student loan debt. Equifax also said delinquencies have increased by 7% year-over-year, reaching a three-year high. It’s trends like ... [Read More]

Who to Watch: Why EY’s George wants to be part of transparency in financing

Monday, May. 5, 2025, 10:38 AM
Nick Zulovich, Senior Editor
EDITOR’S NOTE: This story is part of the May edition of Auto Remarketing, which will focus entirely on a new special feature: Who to Watch. This special feature will recognize auto industry executives and companies — selected by Cherokee Media ... [Read More]

Agora Data president & COO among Dallas Business Journal’s 2025 40 Under 40 for fintech innovation

Friday, May. 2, 2025, 09:46 AM
SubPrime Auto Finance News Staff
Matt Burke is one of the best among his peers in Dallas. The president and COO of Agora Data has been named to the Dallas Business Journal’s 2025 40 Under 40 list for his transformative leadership and contributions to the ... [Read More]

Proposed FTC order spells out what not to do in collections

Friday, May. 2, 2025, 09:46 AM
SubPrime Auto Finance News Staff
A proposed order detailed by the Federal Trade Commission this week gave auto finance companies clear bullet points of what not to do when it comes to their collections activities. In developments outside of automotive, the FTC alleged that Global ... [Read More]

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