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Cutting keys & cutting costs during repossessions and recoveries
Wednesday, Dec. 10, 2025, 04:42 PM
Drawing standing-room-only attendance in the second-largest setting at Used Car Week 2025, Ryan Miller led a six-executive panel session that focused on one of the most complex challenges in all of repossessions and recoveries. Now available through this episode of ... Listen Here
Four experts on automotive & the economy
Wednesday, Dec. 10, 2025, 04:39 PM
Used Car Week 2025 again brought together experts who can explain which parts of the economy impact automotive most. This year’s event included views from Laura Wehunt of Black Book, Tim Gill of the American Financial Services Association, T.J. Cox ... Listen Here
Sponsored Episode: Winning Trade-Ins and Trust – Navigating Today’s Affordability Challenges
Friday, Dec. 5, 2025, 03:15 PM
Affordability challenges are reshaping the automotive landscape—vehicle prices and payments are at all-time highs and negative equity is on the rise. In this episode, Micah Tindor offers a data-driven conversation with real-world strategies around acquisition tactics and long-term profitability to ... Listen Here

Ally Financial’s consent solicitation & facility renewal

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Monday, Mar. 14, 2016, 02:58 PM
SubPrime Auto Finance News Staff
Along with the renewal of an $11 billion credit facility, Ally Financial recently announced that it has commenced a consent solicitation from holders of record of its 8.000 percent notes due 2031. The move is being made to terminate the ... [Read More]

Cordray summoned back to Capitol Hill

capitol hill for spn story
Thursday, Mar. 10, 2016, 09:51 PM
SubPrime Auto Finance News Staff
After spending part of this week in Phoenix at the annual conference hosted by the Consumer Bankers Association, Consumer Financial Protection Bureau director Richard Cordray will be back on Capitol Hill on Wednesday for his next appearance in front of ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

The ART of AI: A Dealership Guide to Deploying AI With Confidence

AI is rapidly reshaping dealership operations, yet most stores are still in early experimentation mode. According to the Cox Automotive...
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Turn Battery Risk Into Trust: Your Edge in the Used EV Market

Independent battery health certification is the new gold standard for used EV dealerships. The latest AVILOO detect Magazine reveals how...
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How GMs Start Their Day with Mastermind & Make More Deals

Successful General Managers know that how you start the day sets the tone for dealership performance. This checklist outlines the...
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Rising Repos, Shrinking Margins: A Guide to Reduce Collections and Servicing Costs with AI Agents

As delinquencies rise and margins tighten, leading auto lenders use AI agents to cut collections and servicing costs without compromising...
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Out-of-State Titling: 12 Steps Every Title Clerk Should Follow (The Easy Way)

Out-of-state titling isn’t easy. With every state having different DMV requirements, document packets, and deadlines, it’s easy for mistakes to...
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Free Guide: How Smart Dealers Can Profit from Customer Car Insurance

Turn Customer Auto Insurance into Dealership Profit If you're not profiting from auto insurance in your dealership, now’s the time...
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Go In-House With Your Photos

Your Photo Vendor Didn’t Show Up Again? Let’s Fix That. Stop relying on vendors and start owning your inventory. This...
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The Auto Dealer’s Complete Checklist for Evaluating AI

The Auto Dealer’s Complete Checklist for Evaluating AI highlights key questions dealership leaders should ask technology partners during the selection...
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SpringboardAuto.com finds another partner in credit union space

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Thursday, Mar. 10, 2016, 09:49 PM
SubPrime Auto Finance News Staff
Less than a month after announcing an investment by CUNA Mutual Group, direct-to-consumer auto loan platform SpringboardAuto.com formed a partnership this week to enhance its position in the credit union space. SpringboardAuto.com created a relationship with MeridianLink — the developer ... [Read More]

10 common attributes of external & internal fraud

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Thursday, Mar. 10, 2016, 03:55 PM
SubPrime Auto Finance News Staff
RSM partner Ronnie Lee and his accounting team recently conducted research among specialty finance firms regarding fraud. After sharing some of the details of the company’s research findings, Lee also spelled out four ways finance company managers can deter and ... [Read More]

FactorTrust to provide alternative data to Digital Matrix Systems

puzzle pieces
Wednesday, Mar. 9, 2016, 04:38 PM
SubPrime Auto Finance News Staff
Digital Matrix Systems formalized an agreement on FactorTrust to provide DMS clients with access to FactorTrust’s alternative credit information and risk scores. The companies insisted the strongest risk management strategies in use at leading financial services, auto finance, and insurance ... [Read More]

Trustmark Warranty now offers VSCs through new website

car buy button
Wednesday, Mar. 9, 2016, 04:36 PM
SubPrime Auto Finance News Staff
In light of shoppers spending more time online searching and comparing vehicles, Trustmark Warranty launched a new consumer website this week in an effort to cater to customer’s buying potential beyond the dealership F&I office. The new website can allow ... [Read More]

CFPB updates policy on ‘duplicate’ complaints & company responses

regulation and compliance puzzle
Monday, Mar. 7, 2016, 04:34 PM
SubPrime Auto Finance News Staff
While President Obama is convening a meeting on Monday with financial regulators to receive an update on the progress in “implementing Wall Street reform,” both the American Financial Services Association and the Consumer Bankers Association offered updates on the revision ... [Read More]

Flagship Credit Acceptance writing ‘a remarkable story’

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Friday, Mar. 4, 2016, 04:36 PM
Nick Zulovich, Editor
About 14 months ago, the merger of Flagship Credit Acceptance and CarFinance Capital became finalized, leaving Michael Ritter as the chief executive officer of the finance company that specializes in filling its portfolio with subprime paper. During that span, Flagship ... [Read More]

A new high: Average payments for new cars near $500

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Thursday, Mar. 3, 2016, 01:35 PM
SubPrime Auto Finance News Staff
Experian Automotive determined that the average amount financed and the average monthly payment for a new vehicle continued to climb, breaking the previous records on file. According to its latest State of the Automotive Finance Market report released on Thursday, ... [Read More]

GM Financial completes $2.75B in public offerings

money car
Wednesday, Mar. 2, 2016, 04:31 PM
SubPrime Auto Finance News Staff
General Motors Financial on Tuesday completed two rounds of public offerings that totaled $2.75 billion. According to a filing with the Securities and Exchange Commission, one segment is $1.5 billion aggregate principal amount of the company’s 4.200 percent Senior Notes due ... [Read More]
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