A Look Back at Last Two Decades of the Used-Car Industry in Canada
In the grand finale of our podcast episodes from Canada’s Used Car Week in June, conference chair and Cherokee Media Group president Bill Zadeits is joined by Brad Hart and Peter Snoyer on a panel celebrating 20th anniversary of the ... Listen Here
Thursday, Sep. 18, 2025, 02:32 PM
SPONSORED EPISODE: AI & Big Data Deliver Significant Improvements to Inventory Management
In this sponsored episode of the Auto Remarketing Podcast, Merritt Critcher, Director of Product Management with CDK speaks with Bill Zadeits about the newest trends and potential for AI and big data to meet and exceed the inventory management needs ... Listen Here
Thursday, Sep. 11, 2025, 04:33 PM
Experian on how much auto refinancing is gaining traction
Melinda Zabritski, Experian’s head of automotive financial insights, said consumers are looking for ways to secure more favorable vehicle financing terms, especially with interest rates leveling out and perhaps a cut coming next week from the Federal Reserve. The base ... Listen Here
Thursday, Sep. 11, 2025, 01:53 PM
New Experian credit tool aimed at streamlining mobile process
Tuesday, Jul. 11, 2017, 03:06 PM
SubPrime Auto Finance News Staff
A recent Experian survey found that 21 percent of consumers said they would consider purchasing a vehicle in the next six months if they could shop credit offers and apply via mobile device quickly and securely. As a result, Experian ... [Read More]
New CFPB rule bans mandatory arbitration
Monday, Jul. 10, 2017, 06:39 PM
SubPrime Auto Finance News Staff
Check those installment contracts. Arbitration appears to be no longer an option for dealerships and finance companies to settle conflicts with consumers. On Monday, the Consumer Financial Protection Bureau announced a new rule to ban companies from using mandatory arbitration clauses ... [Read More]
5 points from FactorTrust’s non-prime survey
Monday, Jul. 10, 2017, 02:20 PM
SubPrime Auto Finance News Staff
FactorTrust recently released findings from an industry-wide survey on the use of alternative data in the non-prime auto financing space, which indicate that alternative data is being more commonly used for underwriting purposes in this market. The survey, sponsored by ... [Read More]
Buyers in only 1 of top 25 metro areas can afford new vehicles
Wednesday, Jul. 5, 2017, 03:07 PM
SubPrime Auto Finance News Staff
Along with looking to ascertain how few Americans have no emergency savings, a median-income household can only afford the average-priced new vehicle in one of the 25 largest U.S. metropolitan areas, according to a new Bankrate.com report released this week. ... [Read More]
PointPredictive secures funding to enhance fraud solution
Wednesday, Jul. 5, 2017, 03:06 PM
SubPrime Auto Finance News Staff
With interest gaining steam toward combating fraud, PointPredictive landed funding from Mosaik Partners, an expansion-stage venture capital fund, to enhance its efforts as a provider of fraud solutions to banks, lenders and finance companies. PointPredictive announced on Wednesday that the ... [Read More]
Metrolina Credit opens new corporate offices
Wednesday, Jul. 5, 2017, 03:04 PM
SubPrime Auto Finance News Staff
This week, Metrolina Credit Co. celebrated more than just Independence Day. The finance company that often originates subprime installment contracts with both independent and franchised dealers announced the opening of its new corporate offices and flagship branch office in Charlotte, N.C. ... [Read More]
New record set within June’s new & used finance data
Monday, Jul. 3, 2017, 02:05 PM
SubPrime Auto Finance News Staff
As buyers’ appetites for bigger and more expensive vehicles grow, Edmunds found the contract term length for new-model financing reached an all-time high in June with the terms for used-vehicle deliveries not far off that record-setting pace. According to a ... [Read More]
Pelican chooses Payix for collections & mobile app
Friday, Jun. 30, 2017, 02:20 PM
SubPrime Auto Finance News Staff
This week, Pelican Auto Finance selected Payix to provide its collections tools, including its new mobile collections application. The tools are designed to help Pelican better connect with its contract holders and improve its ability to collect installment payments. The ... [Read More]
BillingTree names new CFO, plus 2 other senior executives
Thursday, Jun. 29, 2017, 03:00 PM
SubPrime Auto Finance News Staff
Payment technology and merchant services provider BillingTree recently announced the appointment of Bryan Schreiber as chief financial officer, along with two other senior personnel moves involving its leadership team. BillingTree indicated Schreiber will oversee the company’s expansion plans to spearhead ... [Read More]
Reynolds adds Delaware, Alaska, Iowa and Mississippi to F&I Library
Thursday, Jun. 29, 2017, 02:58 PM
SubPrime Auto Finance News Staff
During the past three months, Reynolds and Reynolds added four more states where its LAW F&I Library — a comprehensive catalog of standardized, legally reviewed finance and insurance (F&I) documents for franchised dealers — is now available. Resources now are ... [Read More]
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