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The real cost of inaction when it comes to transport fraud
Thursday, Jan. 29, 2026, 03:30 PM
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More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
Thursday, Jan. 29, 2026, 03:30 PM
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
Lenders, forwarders & agents discuss repo bottlenecks
Wednesday, Jan. 28, 2026, 07:16 PM
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

Auto Approve names Kroshus as president & CEO

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Thursday, Aug. 3, 2017, 06:22 PM
SubPrime Auto Finance News Staff
Bringing nearly 30 years of experience with him, Jerry Kroshus has been named president and chief executive officer of Auto Approve, a refinance company that specializes in helping consumers find the best possible vehicle interest rates through its national network ... [Read More]

Why CPS is going through a ‘painful process’

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Wednesday, Aug. 2, 2017, 08:07 PM
Nick Zulovich, Senior Editor
Consumer Portfolio Services chairman and chief executive officer Brad Bradley described how the subprime finance company is going through what he called a “painful process.” While the company’s originations are down from last year, its delinquencies didn’t spike to alarming ... [Read More]

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Best Practices, Ideas, and Tools for Business

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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New credit tool from CoreLogic & Equifax aims to enhance dealers’ leads

car buy button
Wednesday, Aug. 2, 2017, 02:30 PM
SubPrime Auto Finance News Staff
Both consumers and dealers likely want to know potential buyers’ credit standing in order to facilitate delivery, and a new product fueled by CoreLogic and Equifax rolled out on Wednesday aims to accomplish that objective. Analytics and data-enabled solutions provider ... [Read More]

700Credit to offer instant income and employment verification solution

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Wednesday, Aug. 2, 2017, 02:28 PM
SubPrime Auto Finance News Staff
With contract holders’ ability to pay paramount, 700Credit now is offering Income PreCheck, an instant income and employment verification solution that can help dealerships verify buyers' stated income and employment. The verification is derived by accessing The Work Number, a ... [Read More]

LenderLive broadens compliance solutions for vehicle finance

regulation and compliance puzzle
Tuesday, Aug. 1, 2017, 04:23 PM
SubPrime Auto Finance News Staff
LenderLive Services, a division of LenderLive Holdings, announced on Tuesday that it will now provide expanded compliance services through a new line of business: LenderLive Compliance Solutions. The company highlighted the new entity will offer both bundled and a la ... [Read More]

Down payments for used & new models on the rise

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Tuesday, Aug. 1, 2017, 03:09 PM
SubPrime Auto Finance News Staff
New auto finance analysis from Edmunds shows increases in term length and monthly payments. These metrics have made headlines for some time now as potential buyers focus on what they can fit into their budgets. But Edmunds also noticed an increase ... [Read More]

MVTRAC secures financial resources from Bison Capital

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Tuesday, Aug. 1, 2017, 03:06 PM
SubPrime Auto Finance News Staff
License plate recognition (LPR) software and data solutions provider MVTRAC on Tuesday announced the closing of growth recapitalization of the company with Bison Capital Asset Management along with changes to its top leadership structure. MVTRAC shared Bison Capital’s investment will allow ... [Read More]

2015 subprime vintage suffers losses not seen since 2005

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Monday, Jul. 31, 2017, 03:20 PM
SubPrime Auto Finance News Staff
With average vehicle installment contract terms nearly at 70 months and outstanding auto asset backed security issuance at the highest level in 14 years, the latest update from Fitch Ratings also pinpointed where the weakest vintage in subprime financing appears ... [Read More]

3 more states added to Reynolds’ LAW F&I Library

finger on touch screen
Monday, Jul. 31, 2017, 03:18 PM
SubPrime Auto Finance News Staff
Now Reynolds and Reynolds only has seven states to go to cover all of the U.S. with resources from its LAW F&I Library — a comprehensive catalog of standardized, legally reviewed finance and insurance (F&I) documents for franchised dealers. Reynolds ... [Read More]

Wells Fargo to distribute $80M in refunds over insurance issue

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Friday, Jul. 28, 2017, 02:28 PM
SubPrime Auto Finance News Staff
Arriving within two weeks of reporting its auto financing originations dropped 45 percent year-over-year, Wells Fargo late on Thursday announced a plan to remediate auto finance customers of Wells Fargo Dealers Services who may have been financially harmed due to ... [Read More]

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