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SPONSORED EPISODE: Allied Solutions explains why origination is episodic, but servicing is continuous
John Elias, sales specialist in auto finance business development for Allied Solutions, is back as the guest for another sponsored episode of the Auto Remarketing Podcast. Elias explains why current market conditions, affordability pressures and changing vehicle values are combining ... Listen Here
Additional insight into FTC’s move involving disparate impact from Hudson Cook
The Federal Trade Commission recently announced it will not pursue claims based on disparate-impact or “unfair discrimination” theories. In this episode of the Auto Remarketing Podcast, Hudson Cook partners Erica Kramer and Rob Tilley offered some historical perspectives and a ... Listen Here
Deeper dive into rising LTVs with TransUnion’s Satyan Merchant
One of the notable findings from TransUnion’s Q2 2026 Credit Industry Insights Report (CIIR) was how much loan-to-value ratios have changed in the past five years. Satyan Merchant, one of this year’s Automotive Intelligence Award recipients and senior vice president ... Listen Here

5-point checklist for credit unions entering subprime

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SubPrime Auto Finance News Staff
CUNA Mutual Group recently told attendees during the sixth annual Discovery Conference about the five primary elements credit unions must address if they plan to originate more vehicle installment contracts with subprime borrowers. CUNA Mutual Group director of loan growth ... [Read More]

Ally on disciplined path to $40B in originations this year

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Nick Zulovich, Editor
Without necessarily having to be too aggressive with underwriting to consumers lower down the credit spectrum, Ally Financial emphasized that it remains on track to reach its goal for originations this year despite the headwinds of not collecting as much ... [Read More]

New solution aims to complete delivery within Web-connected vehicle

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SubPrime Auto Finance News Staff
DocuSign and Visa recently showcased a new proof-of-concept that is geared to bring together secure contracts and payments made online via connected vehicles. The DocuSign demo highlights how consumers can drive a vehicle off the lot in a matter of ... [Read More]

GM Financial maintains subprime presence

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Nick Zulovich, Editor
General Motors Financial president and chief executive officer Dan Berce took multiple opportunities after the finance company reported its third-quarter performance to state that despite being elevated to be the captive for the parent OEM, the company remains a significant ... [Read More]

4 findings from BillingTree’s 2015 payment survey

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SubPrime Auto Finance News Staff
BillingTree highlighted four main observations from its Consumer Finance Business Strategy and Technology Survey 2015; a project geared to try to understand the usage of payment technology solutions and the priorities of decision-making consumer lending professionals as well as to ... [Read More]

Colorado & Oregon now part of Reynolds’ F&I library

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SubPrime Auto Finance News Staff
Reynolds and Reynolds recently rolled out the availability of a comprehensive catalog of standardized, legally reviewed finance and insurance documents for franchised dealers in two more states — Oregon and Colorado. The Reynolds LAW Oregon F&I Library contains a variety ... [Read More]

CFPB hands SNAAC $3.2M penalty over collections

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Nick Zulovich, Editor
The Consumer Financial Protection Bureau pinched another player in the auto finance space over its debt collection practices. On Wednesday, the CFPB filed an administrative order against Security National Automotive Acceptance Co. (SNAAC), a finance company specializing in loans to ... [Read More]

CFPB complaint total rises to 726K

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SubPrime Auto Finance News Staff
As of Oct. 1, the Consumer Financial Protection Bureau reported that the agency has handled 726,000 complaints nationally. Along with a closer look at complaints coming from Chicago, officials noted some of the highlights from the statistics in this month’s ... [Read More]

ProMax Unlimited unveils 1st of 3 new soft pull solutions

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SubPrime Auto Finance News Staff
Dealer Marketing Services, makers of ProMax Unlimited, recently released the first tool in a line of three new consumer credit soft pull products. The first solution is Instant Score, which is fueled through a partnership with Equifax. ProMax highlighted that ... [Read More]

Heritage Acceptance names VP of sales & marketing

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SubPrime Auto Finance News Staff
Heritage Acceptance Corp., a finance company specializing in purchasing vehicle retail installment contracts through a network of more than 600 dealers throughout the Midwest, named Mike Monaghan as vice president of sales and marketing this week. Heritage highlighted Monaghan brings ... [Read More]

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