AFSA offers 8 recommendations to smooth CFPB complaint database issues
Friday, Mar. 6, 2026, 09:39 AM
Experian: Subprime financing originated during a Q4 climbs to highest level in four years
Thursday, Mar. 5, 2026, 11:06 AM
Used Car Summit’s auto finance roundtable to foster conversations about collections, risk management & more
Wednesday, Mar. 4, 2026, 02:44 PM
Carleton’s Tim Yalich on how critical accurate payment information is to today’s car shoppers
Tim Yalich, who now is vice president of business development for Carleton, returned for an appearance on the Auto Remarketing Podcast. Yalich explained how much more crucial accurate payment information is to today’s car shoppers in an environment with some ... Listen Here
Tuesday, Mar. 10, 2026, 02:48 PM
Widewail CEO Cuyler Owens
Cuyler Owens is CEO of Widewail, a reputation and customer experience platform for the auto industry Cuyler joined Widewail as CEO in December, following nearly three years as chief revenue officer of TrustRadius, and time with Dell, Vmware and Dealerware. ... Listen Here
Monday, Mar. 9, 2026, 08:09 PM
Automotive Intelligence Award Honoree: Patrick Manzi of NADA
Our conversations with the 2026 Automotive Intelligence Award winners continue with Patrick Manzi, who is the chief economist at the National Automobile Dealers Association. Manzi , who got his first subscription to Car and Driver in his early teens, talks ... Listen Here
Friday, Mar. 6, 2026, 07:55 PM
Credit Acceptance & SNAAC receive workplace awards
Wednesday, Jun. 24, 2015, 03:09 PM
SubPrime Auto Finance News Staff
Both Credit Acceptance Corp. and Security National Automotive Acceptance Co. (SNAAC) each recently received accolades associated with being a great place to work. Credit Acceptance was named No. 18 on the list of 100 Best Workplaces for Millennials based on ... [Read More]
2 NJ stores reach $135K settlement with AG
Wednesday, Jun. 24, 2015, 03:06 PM
SubPrime Auto Finance News Staff
Six-figure financial penalties from regulators against dealerships are becoming more frequent. About the same time a trio of franchised stores reached a settlement with New York’s attorney general, a pair of franchised operations entered into a final consent judgment with ... [Read More]
Spireon & Megasys team up for integration
Wednesday, Jun. 24, 2015, 03:02 PM
SubPrime Auto Finance News Staff
Spireon announced on Wednesday that consumer loan servicing systems provider Megasys will partner with the mobile resource management provider to provide out-of-box integration with Spireon tools. Company officials contend the integration between Spireon GoldStar GPS and Megasys Omega marks the ... [Read More]
Another former FTC official joins Hudson Cook
Wednesday, Jun. 24, 2015, 02:58 PM
SubPrime Auto Finance News Staff
Hudson Cook’s newest partner is arriving at the nationwide provider of legal compliance services for the financial services industry after a previous stint at the Federal Trade Commission. Coming aboard as a partner in its Washington, D.C. office is Rebecca ... [Read More]
KeyBanc considers disparate impact ruling implications
Tuesday, Jun. 23, 2015, 03:09 PM
SubPrime Auto Finance News Staff
Time is dwindling in the current Supreme Court session, and the justices have yet to offer their opinion on a case connected with the use of disparate impact, one of the sharpest tools the Consumer Financial Protection Bureau uses to ... [Read More]
CarMax keeping subprime aggression steady
Monday, Jun. 22, 2015, 03:33 PM
SubPrime Auto Finance News Staff
CarMax Auto Finance reported “better than anticipated” loan charge-offs that had a favorable impact on both the provision for loan losses and the ending allowance for loan losses during the first quarter of its current fiscal year. The performance prompted ... [Read More]
Exeter Finance leverages ACI Worldwide’s bill payment service
Monday, Jun. 22, 2015, 03:28 PM
SubPrime Auto Finance News Staff
Subprime auto finance company Exeter Finance Corp. on Monday selected the UP Bill Payment Solution offered by ACI Worldwide, a global provider of electronic payment and banking solutions. It’s a move both companies said is meant to simplify multiple bill ... [Read More]
NAMAD & EFG announce first Northwood scholarship recipient
Monday, Jun. 22, 2015, 03:26 PM
SubPrime Auto Finance News Staff
EFG Companies, together with the National Association of Minority Automobile Dealers (NAMAD), selected the recipient for their first Northwood University private donor scholarship on Monday. This NAMAD scholarship will fund the remainder of four-year tuition for Javante Dilworth while he ... [Read More]
S&P report says CFPB considering legal action against Westlake
Friday, Jun. 19, 2015, 06:39 PM
SubPrime Auto Finance News Staff
A securitization presale report from Standard & Poor’s gave a glimpse as to what the interaction between Westlake Financial Services and the Consumer Financial Protection Bureau has been like dating back more than a year. The report based on information ... [Read More]
Why NY dealer settlement impact might ripple elsewhere
Friday, Jun. 19, 2015, 03:53 PM
Nick Zulovich, Editor
While dealership management emphasized this week’s settlement with the New York attorney general “acknowledges no admission of wrongdoing or liability,” Dealertrack Technologies' Randy Henrick shared his unsavory assessment of the “payment packing” possibly orchestrated by a trio of Honda stores ... [Read More]
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