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Industry Elite: Sean Morgan of Westlake Financial
Monday, Mar. 23, 2026, 03:07 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here
Automotive Intelligence Award honoree Tom Kontos of Auto Auction Holdings
Monday, Mar. 23, 2026, 01:56 PM
Our conversations with the 2026 Automotive Intelligence Award winners continue with Tom Kontos, who now is analytics advisor for Auto Auction Holdings. Convinced to come out of retirement and get back in the business last fall with the growing wholesale ... Listen Here
Industry Elite: Mike Clark Jr. of C&C Cars
Friday, Mar. 20, 2026, 03:50 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Clark Jr., operations manager of C& C Cars in Pinellas Park, Fla. Clark is a third-generation dealer and helps run the family business ... Listen Here

House passes resolution effectively repealing CFPB vehicle finance guidance

capitol hill
Wednesday, May. 9, 2018, 03:27 PM
SubPrime Auto Finance News Staff
Now it just needs President Trump’s signature. Much to the delight of industry leaders, the U.S. House of Representatives voted on Tuesday to repeal the Bureau of Consumer Financial Protection’s controversial 2013 guidance on indirect auto financing. The House approved ... [Read More]

NY attorney general — an aggressor in automotive regulation — resigns amid abuse allegations

new york AG for web
Tuesday, May. 8, 2018, 02:22 PM
SubPrime Auto Finance News Staff
An attorney general who previously had taken aggressive regulatory and enforcement actions within the automotive space has resigned amid allegations of physical abuse against women. According to a report published on Monday afternoon in The New Yorker, New York attorney general ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turn Service Visits Into Sales Growth: A GM’s Checklist

Your service drive is filled with loyal customers who trust your dealership and are physically in your store, yet most...
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The Dealer’s Guide to Smarter GPS Tracking

A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
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Used Car Turn Vendor Management Checklist

Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
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Tennessee executive receives AFSA’s Outstanding Independent Award

AFSA independent award for web
Monday, May. 7, 2018, 03:37 PM
SubPrime Auto Finance News Staff
The American Financial Services Association recently held its 2018 Independents Conference & Exposition in Ft. Lauderdale, Fla., an event that brings together institutions that oftentimes offer auto financing as well as other types of personal loans. AFSA handed out its ... [Read More]

DIMONT recaps 4 key Q1 achievements as part of growth strategy

chart
Monday, May. 7, 2018, 03:32 PM
SubPrime Auto Finance News Staff
The first quarter went quite well for DIMONT. The Dallas-based provider of insurance claims adjusting and collateral loss mitigation services to the residential mortgage and auto financing industries announced it achieved four key milestones in Q1. The developments included: — Processing ... [Read More]

Megasys enhances partnership with Dealertrack

partnership picture
Friday, May. 4, 2018, 03:19 PM
SubPrime Auto Finance News Staff
Megasys and Dealertrack now are collaborating even more; a development that might be especially beneficial to subprime auto finance companies. Megasys, a provider of complete loan servicing systems for the consumer finance industry, announced this week a new facet of its ... [Read More]

Fed passes on latest chance to raise interest rates

Federal reserve
Friday, May. 4, 2018, 03:18 PM
SubPrime Auto Finance News Staff
At least for another month, auto finance companies won’t necessarily have to modify the interest rates they charge because of the latest decision by the Federal Reserve. Thanks to unanimous approval by all eight members of the Federal Open Market ... [Read More]

CPS’ Bradley scoffs at rising use of ‘guaranteed back-end’

improved brad bradley for web
Thursday, May. 3, 2018, 03:04 PM
Nick Zulovich, Senior Editor
There probably are not many strategies leveraged by subprime auto finance companies that Consumer Portfolio Services chairman and chief executive officer Brad Bradley hasn’t seen since joining the company in 1991. But Bradley described a concept as being “the new ... [Read More]

ARA honors 22 members during annual convention

trophies
Wednesday, May. 2, 2018, 03:45 PM
SubPrime Auto Finance News Staff
Ahead of the North American Repossessors Summit in April, the American Recovery Association also hosted its 54th annual convention where an array of topics associated with repossessions and recoveries were discussed by agents, finance companies and other service providers. “We ... [Read More]

Chase, Jaguar Land Rover extend financing relationship

chase auto land rover for SPN
Wednesday, May. 2, 2018, 03:39 PM
SubPrime Auto Finance News Staff
Chase Auto Finance will continue to be a captive-like provider for a luxury brand. On Tuesday, Chase and Jaguar Land Rover North America announced the renewal of their private-label agreement, extending Chase’s role as the private-label finance provider for the ... [Read More]

New FTC leadership arrives as Simons returns

FTC picture
Wednesday, May. 2, 2018, 03:35 PM
SubPrime Auto Finance News Staff
New leadership officially took control of the Federal Trade Commission. Earlier this week, Joseph Simons was sworn in as chairman of the FTC. President Trump named Simons, a Republican, to a term on the commission that expires Sept. 25, 2024, ... [Read More]

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