Agora Data independent dealer survey pinpoints multiple issues with lender relationships
Tuesday, Jul. 7, 2026, 11:48 AM
Edmunds sees multiple records for used & new financing in Q2
Monday, Jul. 6, 2026, 10:46 AM
PayNearMe research: Lenders sustain more than $100B in costs beyond transaction fees annually
Tuesday, Jun. 30, 2026, 09:48 AM
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here
Tuesday, Jun. 30, 2026, 10:53 AM
Ted Berlovich of Clutch
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here
Monday, Jun. 29, 2026, 03:44 PM
Moiz Khan of Driveline Technologies
During Canada’s Used Car Week, Auto Remarketing Canada senior editor Joe Overby caught up with Moiz Khan, co-founder of Driveline Technologies, to talk about the company, its growth and how it is addressing real challenges facing the automotive industry. Stay ... Listen Here
Monday, Jun. 29, 2026, 03:29 PM
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]
BB&T Dealer Finance halts markups
Friday, Jun. 19, 2015, 03:42 PM
Nick Zulovich, Editor
For franchised and independent dealerships that use BB&T Dealer Finance, a segment of BB&T Dealer Financial Services, flat-fee compensation is coming your way. On Thursday, the commercial bank announced the launch of what it dubbed “a nondiscretionary dealer compensation program, ... [Read More]
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