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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

Exeter Finance continues partnership with White Clarke Group

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SubPrime Auto Finance News Staff
Two well-known names are continuing to collaborate to operate within the subprime auto finance space. On Tuesday, White Clarke Group announced that Exeter Finance has extended its contract for the CALMS Loan Origination Software. The company first implemented its loan ... [Read More]

Wise F&I launches YouTube channel to help customers understand voluntary products

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SubPrime Auto Finance News Staff
Dealerships that offer Wise F&I products now can direct their vehicle buyers to YouTube to help boost possible sales in the finance office. Wise F&I recently launched a YouTube channel featuring product videos about voluntary protection products. Wise F&I explained ... [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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4 reasons why it might be primetime for subprime

subprime credit report
SubPrime Auto Finance News Staff
GWC Warranty is quite bullish on the subprime auto finance space. The provider of used-vehicle service contracts sold through dealers went so far as to say that it’s “primetime for subprime” in a recent blog post. “Subprime deals bring with ... [Read More]

Servicing Solutions and masterQueue partner to strengthen collections

John Lewis at UCW
SubPrime Auto Finance News Staff
Servicing Solutions and masterQueue are both involved with Repo Con at Used Car Week 2018 — Education, Celebrations, Technology and Connections — and now the companies are partnering to help finance companies with collections, too. Servicing Solutions, which specializes in ... [Read More]

Honor roll: Awards for AUL and Spireon

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SubPrime Auto Finance News Staff
Both Spireon and AUL Corp. added to their award collections this week. Spireon was named Internet of Things (IoT) Innovator in auto dealer management by Compass Intelligence for 2018. And AUL was named winner of both a Gold and Bronze ... [Read More]

Allied Solutions forms partnership with Location Services, which acquires Remarketing of America

partnership
SubPrime Auto Finance News Staff
Allied Solutions, one of the presenting sponsors of Used Car Week 2018, now has a closer relationship with Location Services, which also just acquired commercial consignor Remarketing of America to enhance its risk management and other offerings to auto-finance clients. ... [Read More]

Victory Recovery Services partners with VendorInsight to mitigate risk

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SubPrime Auto Finance News Staff
A member of the SubPrime 175 is enhancing its resources to maintain compliance with state and federal guidelines to better serve its auto-finance clients. Victory Recovery Services, a provider of skip-tracing and national repossession management for creditors with collateral secured ... [Read More]

Edmunds: Recent rate hikes are impacting financing, especially for new models

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SubPrime Auto Finance News Staff
When reacting to this week’s trade announcement coming from the White House, one of Edmunds experts cautioned that, “Given that new-vehicle prices are already stretched to record highs, things could take an ugly turn for consumer wallets, especially considering the ... [Read More]

ARA and TFA set to form one repossession association

Unity Pic for SPN
SubPrime Auto Finance News Staff
Two of the largest repossession organizations are set to become one group. According to an announcement sent to SubPrime Auto Finance News on Tuesday morning, the American Recovery Association (ARA) and Time Finance Adjusters (TFA) are joining together. The statement ... [Read More]

Prestige Financial Services deploys artificial intelligence for subprime underwriting

artificial intelligence
SubPrime Auto Finance News Staff
When roughly 70 percent of its applications resulted in turn downs, Prestige Financial Services responded by taking a significant step toward using machines instead of human manpower to examine applications and finalize underwriting. ZestFinance, a leading artificial intelligence (AI) software ... [Read More]

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