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Industry Elite honoree Kelly Wyatt on 25-year career with GM Financial
Wednesday, Mar. 25, 2026, 04:43 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Kelly Wyatt, who is chief digital officer with GM Financial. Wyatt shares a conversation with Cherokee Media Group senior editor Nick Zulovich about being ... Listen Here
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

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

sales forecast pic
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]

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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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]

Fed passes again on interest rate rise

fed interest rate pic
Thursday, Jul. 27, 2017, 02:34 PM
Nick Zulovich, Senior Editor
Voting unanimously, all nine members of the Federal Reserve’s Federal Open Market Committee agreed to maintain the target range for the federal funds rate at 1 to 1.25 percent during their meeting this week. First Franklin Financial Services projected when ... [Read More]

DRN & Pelican Auto Finance highlight successful relationship

car search magnifying glass
Wednesday, Jul. 26, 2017, 06:35 PM
SubPrime Auto Finance News Staff
The relationship forged between Digital Recognition Network (DRN) and Pelican Auto Finance, a subprime auto finance company operating in California and Pennsylvania, is proving to be beneficial for both operations. The companies shared this week that Pelican reports increased asset ... [Read More]

GWC Warranty sponsors summer meal program for at-risk children

CEO Summer Meal Program for SPN
Wednesday, Jul. 26, 2017, 03:21 PM
SubPrime Auto Finance News Staff
GWC Warranty, a provider of used vehicle service contracts and related finance and insurance products sold through dealers, has partnered with the Commission on Economic Opportunity (CEO) to sponsor a Food 4 Kids van. CEO’s Food 4 Kids Summer Program ... [Read More]

Former Ally, Exeter exec joins White Clarke Group

business handshake 2
Wednesday, Jul. 26, 2017, 03:18 PM
SubPrime Auto Finance News Staff
An experienced industry executive whose career includes stops with Ally Financial and Exeter Finance is now with loan origination and servicing software solutions provider White Clarke Group. White Clark Group announced this week that Nick Ockwell has joined the company ... [Read More]

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