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The real cost of inaction when it comes to transport fraud
Thursday, Jan. 29, 2026, 03:30 PM
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More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
Thursday, Jan. 29, 2026, 03:30 PM
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here
Lenders, forwarders & agents discuss repo bottlenecks
Wednesday, Jan. 28, 2026, 07:16 PM
In another of the Used Car Week 2025 panel discussions focused on repossessions and recoveries, AutoSquared.ai co-founder Bahador Rahimi led a conversation that included lenders, forwarders and agents. The group exchanged ideas about how industry firms can smooth the bottlenecks ... Listen Here

GrooveCar forms partnerships with 5 credit unions

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Friday, Jan. 29, 2016, 04:18 PM
SubPrime Auto Finance News Staff
GrooveCar, an online vehicle buying resource for credit unions, highlighted this week that five new partners joined the program. The credit unions now leveraging the platform include: — Telco Plus of Longview, Texas — Picatinny Federal Credit Union of Dover, ... [Read More]

Cox Auto investment creates 3 new F&I offerings

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Thursday, Jan. 28, 2016, 02:54 PM
SubPrime Auto Finance News Staff
You now can add three F&I solutions to what Cox Automotive can provide to dealerships. Officials highlighted on Thursday that GO Financial and NextGear Capital affiliated dealers will soon be able to offer warranty, insurance and theft recovery products to ... [Read More]

Fed passes on another interest rate rise

fed interest rate pic
Wednesday, Jan. 27, 2016, 07:52 PM
Nick Zulovich, Editor
A month after making its first move with respect to interest rates in almost a decade, the Federal Reserve on Wednesday chose to pass on increasing the federal funds rate any further. The Federal Open Market Committee (FOMC) decided to ... [Read More]

Floyd maintains Exeter’s commitment to dealers

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Wednesday, Jan. 27, 2016, 05:17 PM
Nick Zulovich, Editor
Less than two months after Mark Floyd took the reins again as chief executive officer of Exeter Finance Corp., the interim leader used SubPrime Auto Finance News as a conduit to relay a message to dealers already in the subprime ... [Read More]

Veros Credit leverages ACI Worldwide to improve payment process

phone and laptop
Wednesday, Jan. 27, 2016, 05:05 PM
SubPrime Auto Finance News Staff
Electronic payment and banking solutions provider ACI Worldwide announced this week that finance company Veros Credit has selected its UP Bill Payment Solution to provide customers a wide variety of convenient choices for paying their auto loans — including debit ... [Read More]

Autoscribe hires new CFO

businessman going up stairs
Wednesday, Jan. 27, 2016, 04:59 PM
SubPrime Auto Finance News Staff
Autoscribe Corp. brought on Myles Locke as its new chief financial officer this week. Locke spent the past 17 years in various leadership roles in payments, finance and card processing, including vice president of finance and vice president of corporate ... [Read More]

GSFSGroup’s field force completes AFIP certification

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Wednesday, Jan. 27, 2016, 04:57 PM
SubPrime Auto Finance News Staff
The Association of Finance & Insurance Professionals (AFIP) highlighted this week that Gulf States Financial Services Group’s entire dealer-support team completed the AFIP Certified F&I Professional program. AFIP executive director David Robertson conducted a review and proctored the certification exam ... [Read More]

Auto defaults remain stable in December

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Monday, Jan. 25, 2016, 05:20 PM
SubPrime Auto Finance News Staff
With observers saying, “the consumer economy looks good,” the auto loan portion of the S&P/Experian Consumer Credit Default Indices remained steady for December. Analysts from S&P Dow Jones Indices and Experian determined the auto loan default rate was unchanged from ... [Read More]

SpringboardAuto.com adds 2 industry veterans to board

boardroom chairs at table
Monday, Jan. 25, 2016, 05:19 PM
SubPrime Auto Finance News Staff
SpringboardAuto.com, a new direct-to-consumer auto loan platform, added two executives to its board of directors who bring decades of experience from their time with Capital One and Ford Motor Credit. The company announced on Monday that its board now has ... [Read More]

FTC unveils educational material aimed at Latinos

Federal Trade Commission
Monday, Jan. 25, 2016, 05:16 PM
SubPrime Auto Finance News Staff
The Federal Trade Commission recently rolled out a new resource catering to Hispanics in an effort to curtail what the regulator believes are potential pitfalls in the vehicle purchasing and financing process. Officials highlighted their newest Spanish-language fotonovela — a ... [Read More]

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