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Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

Veros Credit opens new Texas business center

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SubPrime Auto Finance News Staff
Veros Credit announced it has opened a new Regional Business Center in the Dallas area. The company reported the new center will assist in the company’s growth efforts in Texas. The focus of the new center will be to provide ... [Read More]

Lenders remain ‘vigilant’ amid auto-loan market growth

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SubPrime Auto Finance News Staff
Reporting strong performance in the “no-score” segment of the credit spectrum, Equifax pointed out in a release this week lender vigilance is helping to drive auto loan market success. According to the latest National Consumer Credit Trends Report from Equifax ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turning Dealer Group Data into Demand

Stop letting messy data hold your dealership back from its true earning potential. While many multi-roof dealer groups struggle to...
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Evaluating VPP Cancellation Systems: 7 Questions Every Lender Should Ask

Selecting the right VPP cancellation system is critical to maintaining compliance, maximizing recoveries, and improving operational efficiency. As regulatory requirements...
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Auto lenders spent on AI. Here’s what paid off.

A panel of auto-lending leaders — CEOs of subprime auto finance companies, VPs of Collections, CROs, indirect-lending executives at two...
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Experian Automotive Dealer Fraud Threat Report

Fraud is Hitting Dealerships Hard When one bad deal can erase tens of thousands in profit, fraud becomes impossible to...
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AI-Financing Spotlight: How Tracy Honda Sells 12-15 More Deals Monthly

Discover how Tracy Honda is outperforming its market by leveraging AI-powered auto financing to drive faster approvals and close more...
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The AI Dealer Playbook: 5 Questions to Ask Before You Buy AI

Artificial intelligence is rapidly reshaping dealership operations by automating communication, improving workflows, and supporting staff with tools like copilots and...
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Speaking the Same Language: How Dealers Structure Capital for Real Estate and Growth

Why Capital Structures Matters in Today’s Market Dealers actively expanding or acquiring real estate are often constrained not by opportunity—but...
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Dealer Playbook: 5 Takeaways for Auto Retailers Using AI

The May issue of Auto Remarketing — “Shifting Gears: AI’s Role in Retail Automotive” — explores how top auto retailers...
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House passes CFPB reform bill

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SubPrime Auto Finance News Staff
To the delight of many in the automotive industry, the House of Representatives voted on and passed a bill aimed at altering the Consumer Financial Protection Bureau’s handling of indirect auto financing. With a vote of 332 to 96, the ... [Read More]

Analysts wonder why lease credit approvals are spiking

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SubPrime Auto Finance News Staff
Even though lease credit approvals are down slightly this month, rates remain unusually high, prompting analysts to discuss the factors behind the surge. According to Swapalease.com, lease credit approvals fell to 75 percent this month, down a bit from the ... [Read More]

Springleaf reaches settlement with DOJ to buy OneMain Financial

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SubPrime Auto Finance News Staff
Personal finance company Springleaf Holdings Inc. recently announced it will be moving forward with its purchase of OneMain Financial Holdings LLC after reaching a settlement with the Department of Justice, as well as the Attorneys General of seven states.   ... [Read More]

Auto loan defaults rise in October but remain at ‘low levels’

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SubPrime Auto Finance News Staff
Auto loan defaults spiked a bit in October, though analysts say consumer credit default rates still remain at “low levels.” According to data released Tuesday by S&P Dow Jones Indices and Experian, auto loan default rates came in at 1 ... [Read More]

TransUnion spots outstanding balances above $1T

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Nick Zulovich, Editor
TransUnion’s Industry Insights Report found that outstanding auto loan balances surpassed $1 trillion in the third quarter, an 11.1 percent jump year-over-year. But contract holders appear to be maintaining their payments on that growing balance total since delinquencies — the ... [Read More]

Coombs promoted to CFO of JM Family

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SubPrime Auto Finance News Staff
JM Family Enterprises president and chief executive officer Colin Brown recently promoted Ron Coombs to the position of senior vice president and chief financial officer, overseeing the company’s financial operations. Coombs joined JM Family in 1999 as vice president for ... [Read More]

Reynolds rolls out F&I Library for Arizona dealers

car buy button
SubPrime Auto Finance News Staff
Reynolds and Reynolds recently highlighted that its F&I Libraries now cover 16 states as the company established the Reynolds LAW Arizona F&I Library. Reynolds reiterated that the library is a comprehensive catalog of standardized, legally reviewed finance and insurance documents ... [Read More]

Jeff Wyler agrees to $624K settlement with Indiana attorney general

jeff wyler toyota for SPN
SubPrime Auto Finance News Staff
The Indiana attorney general’s office recently reached a settlement agreement with a Toyota dealership in the Jeff Wyler Automotive Family to resolve allegations that the group charged what state officials deemed to be unfair processing fees when selling vehicles. State ... [Read More]

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