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Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
Wednesday, Mar. 25, 2026, 05:01 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Jennifer Turnage, who is chief executive officer of Primeritus Financial Services. Turnage talks with Cherokee Media Group senior editor Nick Zulovich about the importance ... Listen Here
Industry Elite honoree Kelly Wyatt on 25-year career with GM Financial
Wednesday, Mar. 25, 2026, 04:43 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Kelly Wyatt, who is chief digital officer with GM Financial. Wyatt shares a conversation with Cherokee Media Group senior editor Nick Zulovich about being ... Listen Here
Industry Elite: Sean Morgan of Westlake Financial
Monday, Mar. 23, 2026, 03:07 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here

3 new Equifax credit-based marketing products

car buy button
Monday, Oct. 26, 2015, 03:13 PM
SubPrime Auto Finance News Staff
Equifax is expanding its marketing offerings with the launch of a new suite of credit-based marketing products for the automotive industry. Fueled by Equifax’s consumer credit data and fraud processes, the products enable Dealer Service Provider (DSP) unique marketing solutions ... [Read More]

AFS Acceptance outlines future after equity sell-off

graph growth
Friday, Oct. 23, 2015, 03:05 PM
Nick Zulovich, Editor
AFS Acceptance chief executive officer Dov Szapiro explained why his company’s decision to sell 65 percent of its equity to Mexican finance institution Credito Real “could not have occurred at a better time.” With growth expectations stemming from originations as ... [Read More]

September auto defaults tick 2 points higher

analysis pic
Friday, Oct. 23, 2015, 03:00 PM
SubPrime Auto Finance News Staff
The auto loan default rate for September ticked up 2 basis points on a sequential basis but remained 9 basis points lower than a year earlier. The September reading also was just 7 basis points above the all-time low established ... [Read More]

Penn Warranty now part of F&I Express eContracting network

integration button
Friday, Oct. 23, 2015, 02:56 PM
SubPrime Auto Finance News Staff
F&I Express announced this week that it will provide its dealer clients with access to products from the Penn Warranty Corp. through F&I Express’ eContracting platform. Through this new relationship, dealers using the F&I Express eContracting platform will have the ... [Read More]

Comptroller calls auto finance behavior reminiscent of mortgage problems

subprime clouds
Thursday, Oct. 22, 2015, 03:09 PM
SubPrime Auto Finance News Staff
Another high-ranking federal regulator tried to tie together what’s happening in vehicle financing nowadays to the mortgage-connected developments that created the Great Recession nearly a decade ago. Comptroller of the Currency Thomas Curry gave a speech to the Exchequer Club ... [Read More]

Mexican institution acquires 65% stake in AFS Acceptance for $18M

scot seagrave at UCW
Wednesday, Oct. 21, 2015, 07:14 PM
SubPrime Auto Finance News Staff
Credito Real — an institution in Mexico that boasts five lines of business including used-vehicle installment contracts — announced on Wednesday that it acquired 65 percent of the equity interests issued by AFS Acceptance, a company that specializes in subprime ... [Read More]

DRN rolls out new solution to avoid charge-off losses

chris metaxas for Re3
Wednesday, Oct. 21, 2015, 04:22 PM
SubPrime Auto Finance News Staff
Re3 Conference presenting sponsor Digital Recognition Network launched new product on Tuesday that the company is calling its Enterprise Solution — a value-based subscription model for “all-you-can-eat” access to vehicle location data. Finance companies that rely on DRN’s vehicle location ... [Read More]

GWC Warranty adds 4 consultants in 4 markets

new hire
Wednesday, Oct. 21, 2015, 04:12 PM
SubPrime Auto Finance News Staff
GWC Warranty, a provider of used-vehicle service contracts and related finance and insurance products sold through dealers, recently hired dealer consultants in four new markets. In adding four new dealer consultants, GWC is now represented with a dedicated presence in the ... [Read More]

Redefining micro-management of your sales team

hand shaking 2
Monday, Oct. 19, 2015, 03:46 PM
Don Jasensky, Automotive Personnel
Is it time to revisit the definition of micro-management? I receive calls on a weekly basis from frustrated executives lamenting over the difficulty of finding good sales people. You may have heard these frustrations, too, including: — This new generation ... [Read More]

Fitch reiterates 6 components for ABS ratings

money 3
Monday, Oct. 19, 2015, 03:38 PM
SubPrime Auto Finance News Staff
Fitch Ratings recently published an updated asset-backed sector specific criteria report. Analysts indicated there have been no “material” changes from the previous version, so therefore Fitch expects no impact on outstanding ratings. The firm noted this report updates and replaces ... [Read More]

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