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Cutting keys & cutting costs during repossessions and recoveries
Wednesday, Dec. 10, 2025, 04:42 PM
Drawing standing-room-only attendance in the second-largest setting at Used Car Week 2025, Ryan Miller led a six-executive panel session that focused on one of the most complex challenges in all of repossessions and recoveries. Now available through this episode of ... Listen Here
Four experts on automotive & the economy
Wednesday, Dec. 10, 2025, 04:39 PM
Used Car Week 2025 again brought together experts who can explain which parts of the economy impact automotive most. This year’s event included views from Laura Wehunt of Black Book, Tim Gill of the American Financial Services Association, T.J. Cox ... Listen Here
Sponsored Episode: Winning Trade-Ins and Trust – Navigating Today’s Affordability Challenges
Friday, Dec. 5, 2025, 03:15 PM
Affordability challenges are reshaping the automotive landscape—vehicle prices and payments are at all-time highs and negative equity is on the rise. In this episode, Micah Tindor offers a data-driven conversation with real-world strategies around acquisition tactics and long-term profitability to ... Listen Here

Lawmakers Make Move to Restructure CFPB

capitol hill for spn story
Friday, Mar. 6, 2015, 05:07 PM
Nick Zulovich, Editor
This week’s introduction of a Congressional measure to “reform and refocus” the Consumer Financial Protection Bureau — changing the bureau’s structure from director led to a bipartisan five-person commission appointed by the president — received immediate cheers from eight different ... [Read More]

What ‘Omnichannel’ Platforms Could Do for Finance Companies

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Friday, Mar. 6, 2015, 05:01 PM
SubPrime Auto Finance News Staff
Along with highlighting company successes since new chief executive officer Edgars “Edz” Sturans took control last September, BillingTree also explained the potential benefits of leveraging “omnichannel” platforms. BillingTree head of corporate marketing Dave Yohe said the “omnichannel” bandwagon is gaining ... [Read More]

Enterprise Drives $483M in Loan Volume to Credit Unions

EnterpriseCarSales for SPN
Friday, Mar. 6, 2015, 04:58 PM
SubPrime Auto Finance News Staff
Enterprise Car Sales generated a record $483 million in loan volume to more than 28,000 credit union members during 2014. Enterprise Car Sales is a service of Enterprise Rent-A-Car, the largest rental car brand in North America, and specializes in ... [Read More]

Used Financing Penetration Rate Hits New High

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Wednesday, Mar. 4, 2015, 04:14 PM
SubPrime Auto Finance News Staff
In what should be good news for dealership F&I personnel and finance company portfolio managers, Experian Automotive reported that consumers are relying on financing more than ever to buy their next vehicle. According to its latest State of the Automotive ... [Read More]

CreditMiner Partners with Credit Bureau Connection

partnership puzzle
Wednesday, Mar. 4, 2015, 04:13 PM
SubPrime Auto Finance News Staff
CreditMiner, a solution provider that supplies the technology and ability to pre-qualify and pre-screen automotive consumers on Experian, TransUnion and Equifax credit bureau platforms, created a new partnership this week with Credit Bureau Connection. Officials highlighted the integration within the ... [Read More]

GWC Warranty Passes $350M in Claims Paid

money car
Wednesday, Mar. 4, 2015, 04:06 PM
SubPrime Auto Finance News Staff
GWC Warranty, a provider of vehicle service contracts and related finance and insurance products sold through dealers, successfully topped $350 million in claims paid to date, according to a company announcement posted this week. President and chief executive officer Rob ... [Read More]

Springleaf Buys OneMain for $4.25B

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Tuesday, Mar. 3, 2015, 03:20 PM
SubPrime Auto Finance News Staff
What reportedly was in the works about a week ago came to fruition today as Citigroup announced that it has reached a definitive agreement to sell OneMain Financial Holdings to Springleaf Holdings for a purchase price of $4.25 billion in ... [Read More]

Why Portfolios Need More Than Annual Checkups

analysis pic
Monday, Mar. 2, 2015, 05:43 PM
Nick Zulovich, Editor
Think about what you might complete on an annual basis. A family reunion? Your personal income tax filing? A visit with your primary care physician? While perhaps a routine check-up or reconnecting with distant cousins can be successfully accomplished once ... [Read More]

Report: Wells Fargo Capping Subprime Originations

newspaper 2
Monday, Mar. 2, 2015, 05:38 PM
SubPrime Auto Finance News Staff
A report surfacing this past weekend indicated that Wells Fargo is capping how much subprime auto paper is going to fill its portfolio going forward. The New York Times reported Wells Fargo has decided to cap its subprime originations at ... [Read More]

700Credit Partners with High Performance Credit Systems

credit report
Monday, Mar. 2, 2015, 05:35 PM
SubPrime Auto Finance News Staff
Officials from 700Credit recently formed an integration partnership with High Performance Credit Systems (HPCS) to create a solution for interactive, subprime credit decisions. The companies explained the agreement will allow 700Credit dealers access to a fast, accurate, and compliant deal ... [Read More]
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