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SPONSORED EPISODE: Five questions to ask before choosing a transportation partner
Tuesday, Nov. 4, 2025, 09:15 PM
This sponsored episode of the Auto Remarketing Podcast features two experts from Central Dispatch who offer valuable guidance for choosing a transportation partner. Shanna Wise, who oversees business strategy execution, and Blake Bentley, who leads enterprise client account success, take ... Listen Here
Inside Auto Auction M&A with Mach10 CEO George Pero
Tuesday, Oct. 28, 2025, 02:01 PM
The auto auction industry has seen a spike in M&A over the last three years, similar to the consolidation in auto retail that has been going on much longer. And our guest today has experience with both. George Pero is ... Listen Here
Insight into Q3 Wolters Kluwer Auto Finance Digital Transformation Index
Monday, Oct. 27, 2025, 04:17 PM
While the year-over-year figure reflects broader market volatility, Matthew Babcock, who oversees digital lending product strategy for Wolters Kluwer, explained the strong quarter-over-quarter increase of the Q3 Wolters Kluwer Auto Finance Digital Transformation Index signals market re-engagement. Babcock elaborated about ... Listen Here

New ProMax Unlimited dealer tool leverages Equifax employment data

employment pic
Friday, Jan. 6, 2017, 04:26 PM
SubPrime Auto Finance News Staff
Dealer Marketing Services, the makers of ProMax Unlimited, recently released Employment and Income Verification Service (EIVS); a tool that can enable dealerships to access valuable data provided by Equifax in order to verify a customer’s employment history and income early ... [Read More]

A dealer’s secret weapon: The underutilized auto finance source representative

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Thursday, Jan. 5, 2017, 04:37 PM
George Ewing, Flagship Credit Acceptance
I recently came across an article titled, “J.D. Power: Speed No Longer Top Consideration When Selecting Finance Sources,” and it sparked my interest about what the modern retail automotive dealer leadership really wants to see from their finance companies when ... [Read More]

Foss retires from Credit Acceptance

Don Foss main for SPN
Wednesday, Jan. 4, 2017, 09:27 PM
SubPrime Auto Finance News Staff
One of the most noteworthy executives ever to participate in subprime auto financing has retired. Credit Acceptance announced late on Wednesday afternoon that founder Donald Foss, who most recently served as the company’s chairman, has decided to retire as an ... [Read More]

CFPB takes $23M action against TransUnion & Equifax

credit report
Wednesday, Jan. 4, 2017, 05:37 PM
SubPrime Auto Finance News Staff
In an action one of the credit bureaus acknowledged through a filing with the Securities and Exchange Commission, the Consumer Financial Protection Bureau confirmed on Tuesday that it took action against Equifax, TransUnion and their subsidiaries for what they regulator ... [Read More]

Industry notes: Updates from Reynolds, U Drive Acceptance & FICO

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Wednesday, Jan. 4, 2017, 05:35 PM
SubPrime Auto Finance News Staff
Before the year closed, Reynolds and Reynolds added to its collection of libraries of standardized, legally reviewed finance and insurance (F&I) documents for dealers while a subprime finance company serving the Midwest — U Drive Acceptance — moved into new ... [Read More]

Ally set to finance $600M in Carvana contracts

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Wednesday, Jan. 4, 2017, 03:19 PM
SubPrime Auto Finance News Staff
Nearly a year after doubling the floor plan credit line for online retailer Carvana, Ally Financial announced a new agreement with the company on Wednesday where the finance company will make up to $600 million available to Carvana during the ... [Read More]

Auto finance news you might have missed to close 2016

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Tuesday, Jan. 3, 2017, 04:14 PM
SubPrime Auto Finance News Staff
With the staff at SubPrime Auto Finance News fresh for 2017, we gathered up some noteworthy announcements that arrived while we celebrated the close of a great year with family and friends. Among some of the highlights that came during ... [Read More]

3 more views of what Fed rate hike & forecast mean

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Friday, Dec. 16, 2016, 03:17 PM
Nick Zulovich, Senior Editor
Three economists who regularly share their assessments with SubPrime Auto Finance News dissected the Federal Reserve’s actions this week, which at the conclusion of the regularly scheduled Federal Open Market Committee meeting included the raising of the federal funds rate ... [Read More]

Equifax adds income & employment verifications into dealer service finance platforms

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Thursday, Dec. 15, 2016, 03:04 PM
SubPrime Auto Finance News Staff
Equifax announced on Thursday that it is powering a new solution designed to help dealerships to verify a potential buyer’s stated income and employment. The solution is fueled by accessing The Work Number, a database of employer-provided income and employment ... [Read More]

Why delinquencies could reach 1.4% in 2017

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Wednesday, Dec. 14, 2016, 04:36 PM
Nick Zulovich, Senior Editor
Casual observers might panic when they see TransUnion’s expectations for 2016 to close with a 7.0 percent year-over-year increase in the 60-day delinquency rate along with that reading set to approach the highest level in eight years by the time ... [Read More]
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