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The real cost of inaction when it comes to transport fraud
Thursday, Jan. 29, 2026, 03:30 PM
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More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
Thursday, Jan. 29, 2026, 03:30 PM
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here
Lenders, forwarders & agents discuss repo bottlenecks
Wednesday, Jan. 28, 2026, 07:16 PM
In another of the Used Car Week 2025 panel discussions focused on repossessions and recoveries, AutoSquared.ai co-founder Bahador Rahimi led a conversation that included lenders, forwarders and agents. The group exchanged ideas about how industry firms can smooth the bottlenecks ... Listen Here

Investment Roundup: Prestige Financial, Credit Acceptance & CPS

money 1
Friday, Mar. 27, 2015, 02:40 PM
SubPrime Auto Finance News Staff
Three finance companies — Prestige Financial Services, Credit Acceptance Corp. and Consumer Portfolio Services — all shared investment news this week. The largest of the three developments came from Prestige Financial Services, which completed its 13th and largest rated term ... [Read More]

FTC Outlines 252 Actions, $2.6M in Judgments Connected to Vehicle Financing

gavel and money
Thursday, Mar. 26, 2015, 03:58 PM
SubPrime Auto Finance News Staff
The Federal Trade Commission continues to ramp up its enforcement actions in the automotive space with its second significant collection of settlements in about 14 months. On Thursday, the FTC and 32 law enforcement partners announced the results of what they ... [Read More]

Senator Targets CFPB Funding in Budget Resolution

Sen
Wednesday, Mar. 25, 2015, 03:39 PM
SubPrime Auto Finance News Staff
U.S. House members made their move in hopes of restructuring how the Consumer Financial Protection Bureau operates. Now a lawmaker from the nation’s upper chamber has revealed a measure to curb the financial resources available to the regulator. Sen. David ... [Read More]

Fitch Acknowledges Some Subprime Deterioration Ahead

graph concept 4
Wednesday, Mar. 25, 2015, 03:36 PM
SubPrime Auto Finance News Staff
In what might not be surprising to top company executives, Fitch Ratings recently acknowledged that auto finance companies are likely to see loan asset quality weaken in 2015, with annualized net losses moving closer to their historical averages. While prime ... [Read More]

Black Book and defi SOLUTIONS to Cover 4 Topics in Free Webinar

hands with cogs
Wednesday, Mar. 25, 2015, 03:34 PM
SubPrime Auto Finance News Staff
Black Book and defi SOLUTIONS are teaming up to present a free webinar titled, “The Power and Value of Integration.” The companies highlighted the four topics they plan to cover during the one-hour webinar, including: — How finance companies can ... [Read More]

Record-Setting Month in Store for New Financing

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Monday, Mar. 23, 2015, 03:11 PM
SubPrime Auto Finance News Staff
The industry continues to be on a path toward $1 trillion in outstanding receivables and climbing contracts terms as new data from J.D. Power and LMC Automotive has the combination of strong sales and high transaction prices positioning March to ... [Read More]

Spencer Capital Acquires SouthWest Dealer Services

businessman hands about to shake
Monday, Mar. 23, 2015, 03:09 PM
SubPrime Auto Finance News Staff
In a move firm leaders hail as one that will significantly benefit dealers, Spencer Capital Holdings recently acquired SouthWest Dealer Services, an independent full-service provider of F&I products and services to dealers in the United States. SWDS has more than ... [Read More]

PaymentVision Hosting Free Webinar About Convenience Fees

training
Monday, Mar. 23, 2015, 03:06 PM
SubPrime Auto Finance News Staff
PaymentVision, a provider of PCI-compliant electronic payment processing services, will host a free webinar designed to help managers of compliance, accounts receivables and operations professionals learn about convenience fees. The webinar titled, “Introduction to Convenience Fees” will take place on ... [Read More]

4 Associations Not Pleased with CFPB Database Plan

roundtable discussion
Friday, Mar. 20, 2015, 02:59 PM
Nick Zulovich, Editor
Using descriptive words such as unsubstantiated, puzzlingly and unworkable, it didn’t take long for industry associations to question again the methodology of the Consumer Financial Protection Bureau, which on Thursday finalized its policy involving its public-facing consumer complaint database. Now ... [Read More]

BMW Settles FTC Complaint Over Warranty Coverage

2013 Mini Cooper
Friday, Mar. 20, 2015, 02:57 PM
SubPrime Auto Finance News Staff
In what could be a wake-up call for dealerships and F&I managers when explaining how warranties work according to federal mandates, BMW of North America agreed to settle Federal Trade Commission charges this week that its Mini division violated the ... [Read More]

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