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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Fed keeps interest rates unchanged even in ‘challenging environment’ for automotive
Thursday, Jan. 29, 2026, 10:29 AM
PODCAST: Lenders, forwarders & agents discuss repo bottlenecks
Wednesday, Jan. 28, 2026, 02:22 PM
VantageScore pinpoints how much subprime credit market is growing
Wednesday, Jan. 28, 2026, 11:09 AM
The real cost of inaction when it comes to transport fraud
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Thursday, Jan. 29, 2026, 03:30 PM
More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
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
Thursday, Jan. 29, 2026, 03:30 PM
Lenders, forwarders & agents discuss repo bottlenecks
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
Wednesday, Jan. 28, 2026, 07:16 PM
FactorTrust partners with Enova Decisions to bolster consumer credit availability
Friday, Sep. 1, 2017, 01:44 PM
SubPrime Auto Finance News Staff
This week, alternative credit data provider FactorTrust announced a partnership with predictive analytics and digital decisioning company, Enova Decisions, to integrate FactorTrust’s proprietary data into its Colossus digital decisioning platform. Executives highlighted the integration will strengthen Enova Decisions’ platform with ... [Read More]
Survey shows how dealers struggle to grasp potential of F&I programs
Thursday, Aug. 31, 2017, 02:51 PM
Nick Zulovich, Senior Editor
A recent survey of dealers showed how some operators are struggling to understand the complexities of F&I programs, resulting in limited penetration during vehicle deliveries. Protective Asset Protection, which operates dealer-owned warranty programs (DOWC) and other F&I products for dealers, ... [Read More]
Resource Hub
Best Practices, Ideas, and Tools for Business
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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Hyundai Capital America out to help customers hit by Harvey
Wednesday, Aug. 30, 2017, 02:27 PM
SubPrime Auto Finance News Staff
In a move similar to the one made by the captive for Toyota and Lexus, Hyundai Capital America, which does business as Hyundai Motor Finance, Genesis Finance and Kia Motors Finance, has announced that it is offering payment relief solutions to ... [Read More]
Ford Motor Credit leverages machine learning to enhance underwriting, reduce risk
Wednesday, Aug. 30, 2017, 02:02 PM
SubPrime Auto Finance News Staff
Ford Motor Credit and ZestFinance recently announced the results of a study that measured the effectiveness of machine learning to better predict risk in auto financing and potentially expand auto financing for millennials and other Americans with limited credit histories. ... [Read More]
Calls intensify for Cordray to reveal political aspirations
Wednesday, Aug. 30, 2017, 02:00 PM
SubPrime Auto Finance News Staff
The chairman of the House Financial Services Committee wants a definitive answer to a question that both he and Consumer Bankers Association president and chief executive officer Richard Hunt have been asking for some time: Is Consumer Financial Protection Bureau ... [Read More]
Finance regulators, providers offering help to Harvey victims
Tuesday, Aug. 29, 2017, 02:13 PM
Nick Zulovich, Senior Editor
As Texas continues to contend with the ongoing torrential rain and flooding, state and federal financial regulatory agencies along with finance providers are taking steps to offer assistance to customers who have been impacted. Officials from the Office of the Comptroller ... [Read More]
Kulas resigns; Powell now leading SCUSA
Monday, Aug. 28, 2017, 03:39 PM
SubPrime Auto Finance News Staff
The parade of high-level executive leadership changes at Santander Consumer USA continued on Monday with the resignation of Jason Kulas as president and chief executive officer, effective immediately. According to a news release, succeeding Kulas — who had held the ... [Read More]
Securitization notes: Updates from Prestige & Westlake
Friday, Aug. 25, 2017, 02:30 PM
SubPrime Auto Finance News Staff
Westlake Financial Services and Prestige Financial Services each announced updates about securitizations this week, combining for a total surpassing $1.1 billion. The larger of the two securitizations came from Westlake, which actually rolled out its largest issuance in company history. ... [Read More]
Ways to reach consumers who check their smartphones 150 times a day
Thursday, Aug. 24, 2017, 02:12 PM
SubPrime Auto Finance News Staff
Experian senior director of digital credit marketing Scott Gordon acknowledged the proliferation of advertising mediums means there isn’t a “silver bullet” for dealerships and finance companies to use in order to showcase their options for consumers to purchase or lease ... [Read More]
AutoFi lands another $10M in funding, heading to Canada
Thursday, Aug. 24, 2017, 01:35 PM
SubPrime Auto Finance News Staff
Investment continues to be pushed into new technology designed to respond to how consumers want to purchase and finance their next vehicle. The newest development involves the captive associated with one of the Big 3 domestics. Financial technology company AutoFi ... [Read More]
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