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SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here

Carfax & MeridianLink partner to enhance vehicle history report accessibility

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SubPrime Auto Finance News Staff
Carfax and MeridianLink recently teamed up to make it easier for auto finance companies to get Carfax Vehicle History Reports. Using MeridianLink’s LoansPQ loan origination system (LOS), officials highlighted this week that thousands of auto finance companies now can order ... [Read More]

SCM’s SOC2 Type II Certification now includes all 5 disciplines

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SubPrime Auto Finance News Staff
In an effort to show its finance company clients the caliber of available service, skip-tracing provider Secure Collateral Management (SCM) recently announced the successful completion of the SOC2 Type II audit earlier this month. The Service Organization Control (SOC) 2 ... [Read More]

Former RDN exec named RISC president

businessman selects hire
SubPrime Auto Finance News Staff
On Tuesday, Recovery Industry Services Co. (RISC) announced that Holly Balogh, a former top executive at Recovery Database Network (RDN), has been hired as the president and chief operating officer of RISC. The company added that Stamatis Ferarolis will remain ... [Read More]

4 suggestions to mitigate synthetic ID risk

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Nick Zulovich, Senior Editor
Experian and CEB TowerGroup acknowledged how auto finance providers and other financial institutions are facing heavy business pressures to reach new demographics often riddled with thin credit files, while also improving the customer experience across all channels and processes. According ... [Read More]

GWC Warranty names product manager

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SubPrime Auto Finance News Staff
GWC Warranty, a provider of used vehicle service contracts and related finance and insurance products sold through dealers, recently announced the addition of Andrew Roke as its new product manager. As a member of the marketing department, the company highlighted ... [Read More]

2 reasons for possible subprime rebound

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SubPrime Auto Finance News Staff
The sentiment from dealers who participated in the latest survey from KeyBanc Capital Markets matched up with what CarMax executives recently shared about how potential subprime buyers are behaving. Then, KeyBanc analysts projected what these same potential subprime customers could ... [Read More]

defi SOLUTIONS founder in running for EY Entrepreneur of the Year honor

Award
SubPrime Auto Finance News Staff
Stephanie Alsbrooks, founder and chief executive officer of defi SOLUTIONS, has been selected as a Southwest region finalist for the EY Entrepreneur of the Year. This prestigious business recognition program honors the most innovative business leaders in the country, based ... [Read More]

What Supreme Court decision on debt collection means for auto finance

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Nick Zulovich, Senior Editor
SubPrime Auto Finance News reconnected with Hudson Cook associate Anastasia Caton, who has been closely watching the Supreme Court mulling over whether a finance company that regularly attempts to collect debts it purchased after the debts had fallen into default ... [Read More]

ACA International new white paper highlights unintended consequences of ‘antiquated’ TCPA

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SubPrime Auto Finance News Staff
ACA International, the Association of Credit and Collection Professionals, recently released a white paper that examines how the Telephone Consumer Protection Act’s (TCPA) “antiquated” understanding of technology results in some consumers receiving a disproportionate number of telephone calls while others ... [Read More]

FactorTrust applauds CFPB for examining ‘credit invisibles’

credit report
SubPrime Auto Finance News Staff
Here’s a change of pace: An auto finance industry participant supporting an action by the Consumer Financial Protection Bureau. FactorTrust said that it backs the CFPB for examining findings that bring to light the plight of credit invisibles in their ... [Read More]

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