Ted Berlovich of Clutch
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here
Monday, Jun. 29, 2026, 03:44 PM
United Car Dealers Association Leaders Join CUCW Live Stage
Next up on our series of Auto Remarketing Podcast episodes from Live Stage at Canada’s Used Car Week is a conversation with United Car Dealers Association leaders Jim Hamilton, Christy Fines and John Tangreda. They talk with Cherokee Media Group ... Listen Here
Thursday, Jun. 25, 2026, 07:09 PM
Blair Earle of IAA Canada
Kicking off our series of Auto Remarketing Podcast episodes from the Live Stage at Canada’s Used Car Week is a conversation with Blair Earle, who is managing director at IAA Canada. Earle and Cherokee Media Group senior editor Joe Overby ... Listen Here
Thursday, Jun. 25, 2026, 06:59 PM
700Credit to offer instant income and employment verification solution
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
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
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
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
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
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
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
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
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
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]
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