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Dissecting evolving credit scores with Shams Blanc of FICO
Monday, Nov. 24, 2025, 03:34 PM
As much as auto-finance underwriting has become sophisticated, a potential starting point to determine if the applicant will be offered an installment contract is the credit score. Shams Blanc, who is vice president of auto scores at FICO, described the ... Listen Here
Used Car Week Hall of Famer Jerry Kroshus of Location Services
Wednesday, Nov. 12, 2025, 04:19 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees is a conversation with Jerry Kroshus, who is CEO of Location Services. Cherokee Media President Bill Zadeits talks with Kroshus about his career journey in ... Listen Here
Used Car Week Hall of Famer Kathy Ruble of Ally
Tuesday, Nov. 11, 2025, 07:52 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees, we catch up with Kathy Ruble, who is executive director of marketing, dealer financial services and communications at Ally. Ruble has been the longtime moderator ... Listen Here

Auto defaults record largest sequential jump in almost 6 years

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Tuesday, Sep. 19, 2017, 02:22 PM
SubPrime Auto Finance News Staff
Analysts aren’t panicking, but the auto portion of the S&P/Experian Consumer Credit Default Indices made its largest sequential jump in almost six years. On Tuesday, S&P Dow Jones Indices and Experian released data through August and reported the auto loan ... [Read More]

CitiFinancial Credit to pay DOJ $907K for SCRA violations during repossessions

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Monday, Sep. 18, 2017, 07:42 PM
SubPrime Auto Finance News Staff
A suit involving vehicle repossessions and members of the military came to a close Monday. The Justice Department announced that CitiFinancial Credit Co., as successor to CitiFinancial Auto Corp., has agreed to pay $907,000 to resolve allegations that it violated ... [Read More]

DIMONT launches complimentary claims consulting service for storm recovery

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Monday, Sep. 18, 2017, 07:41 PM
SubPrime Auto Finance News Staff
DIMONT is deploying DANA to help the auto-finance industry handle the ramifications of Hurricanes Harvey and Irma. DANA — which is DIMONT Associates Nationwide Adjusters — now is available with a team ready to provide claims management guidance to finance ... [Read More]

NADA offers strategy to handle Equifax concerns

dealership and couple
Monday, Sep. 18, 2017, 03:39 PM
SubPrime Auto Finance News Staff
The National Automobile Dealers Association cautioned store managers and personnel that they’re likely to see two trends surface with regard to the Equifax security breach as customers arrive in the showroom or service drive. Mark Scarpelli, who is the 2017 ... [Read More]

CoreLane debuts cloud-based tool to connect DMS and LOS systems

computers and business
Monday, Sep. 18, 2017, 03:38 PM
SubPrime Auto Finance News Staff
CoreLane Technologies, a provider of innovative transactional connectivity solutions for automotive dealers and finance companies, on Monday announced the launch of CreditLane, a low-cost, scalable cloud-based platform for delivering data between dealers and finance companies. CoreLane will debut the new ... [Read More]

Loan Portfolio Servicing enhances rideshare servicing program

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Friday, Sep. 15, 2017, 02:36 PM
SubPrime Auto Finance News Staff
Loan Portfolio Servicing (LPS) this week announced the latest expansion of the company’s rideshare portfolio servicing platform, making LPS one of the biggest and most experienced rideshare servicers in the nation. Most recently, LPS was retained to service 7,000 rideshare ... [Read More]

ARA and RDN partner to bolster finance companies and repo agencies

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Friday, Sep. 15, 2017, 02:34 PM
SubPrime Auto Finance News Staff
The American Recovery Association (ARA) announced a new partnership on Friday with Recovery Database Network (RDN), a business unit of KAR Auction Services. The organizations highlighted the agreement will help finance companies manage and monitor vendor compliance by integrating ARA’s ... [Read More]

Gauging auto finance impact of Equifax data breach

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Thursday, Sep. 14, 2017, 02:32 PM
Nick Zulovich, Senior Editor
It’s been a week since Equifax acknowledged a cybersecurity incident where criminals exploited a U.S. website application vulnerability to gain access to certain files, potentially impacting approximately 143 million U.S. consumers. And experts like PointPredictive chief fraud strategist Frank McKenna ... [Read More]

Hudson Cook broadens footprint into Texas

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Wednesday, Sep. 13, 2017, 03:01 PM
SubPrime Auto Finance News Staff
Hudson Cook now has a legal team in the Lone Star State. This week, Hudson Cook expanded its nationwide footprint by adding a new office in the Dallas/Fort Worth metroplex. The office in downtown Fort Worth opened on Aug. 16. ... [Read More]

RoadVantage releases non-branded F&I education videos

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Wednesday, Sep. 13, 2017, 02:59 PM
SubPrime Auto Finance News Staff
RoadVantage wants educated customers arriving at dealership finance departments, so the F&I program provider rolled out a series of educational videos that are free and not tied to a specific provider brand. RoadVantage acknowledged some providers offer proprietary branded product ... [Read More]
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