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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

3 Reasons Why ACH Bill Pay Services Could Fade

money 1
Friday, Feb. 6, 2015, 04:19 PM
SubPrime Auto Finance News Staff
Electronic payment and banking solutions provider ACI Worldwide pointed out that recent research from Mercator Advisory Group showed 62 percent of consumers demand faster bill pay services than the Automated Clearing House (ACH) plans to deliver. In light of that ... [Read More]

IDDS Vice President Earns AFIP Certification

Award
Friday, Feb. 6, 2015, 04:13 PM
SubPrime Auto Finance News Staff
IDDS co-owner and vice president Max Zanan recently became the latest F&I executive to pass the certification exam orchestrated by the Association of Finance & Insurance Professionals (AFIP). Zanan passed the AFIP test in January. Based in New York City, IDDS ... [Read More]

Exploring Reasons for Recent DOJ Subpoenas to Finance Companies

investigation stock pic
Wednesday, Feb. 4, 2015, 05:44 PM
Nick Zulovich, Editor
No less than five finance companies — Ally Financial, Consumer Portfolio Services, Credit Acceptance, General Motors Financial and Santander Consumer USA — have been subpoenaed by the U.S. Department of Justice, which is investigating practices in connection with subprime auto ... [Read More]

Only 30% of Banks Expect Subprime Delinquency Spike

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Wednesday, Feb. 4, 2015, 05:34 PM
SubPrime Auto Finance News Staff
The January Senior Loan Officer Opinion Survey on Bank Lending Practices orchestrated by the Federal Reserve indicated about 29.4 percent of the banks that originate subprime auto loans expect delinquency and charge-off rates to increase this year. Fed officials acknowledged ... [Read More]

Hyundai Capital America Signs Lease for New Office Space

2013 hyundai elantra
Wednesday, Feb. 4, 2015, 05:32 PM
SubPrime Auto Finance News Staff
This week, Hyundai Capital America signed a lease for 177,000 square feet of working space in Newport Beach, Calif. HCA highlighted the property, which is the west tower located at the corner of Jamboree and MacArthur Boulevards, will serve as ... [Read More]

Ally Taps Brown to Be Next CEO

boardroom chairs at table
Tuesday, Feb. 3, 2015, 01:14 AM
SubPrime Auto Finance News Staff
During several conference calls in a row, Ally Financial highlighted how much its auto finance business is crucial to the future success of the company, and continuing to foster relationships with dealers is paramount to extending its recent string of ... [Read More]

January’s Subprime Used Sales Climb Nearly 15%

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Monday, Feb. 2, 2015, 05:03 PM
Nick Zulovich, Editor
Dealertrack Technologies' Michael Collins told SubPrime Auto Finance News during last month’s Vehicle Finance Conference hosted by the American Financial Services Association that the industry is in “very good shape.” January’s used-vehicle sales performance — especially in the subprime and ... [Read More]

CDK Global to Release Contract Validation Solution to FCA Stores

2015 Chrysler200
Monday, Feb. 2, 2015, 04:55 PM
SubPrime Auto Finance News Staff
As part of a trio of company developments, CDK Global announced its Contract Validation solution will be released later this year to Fiat Chrysler Automobiles (FCA) dealerships in the U.S. During the vehicle buying process, the CDK Contract Validation solution ... [Read More]

EFG Companies Now Offers Mileage-Based VSC

dash lights and odometer
Monday, Feb. 2, 2015, 04:52 PM
SubPrime Auto Finance News Staff
On Monday, EFG Companies launched what it’s calling MAP My Miles — a mileage-only vehicle service contract that can enable consumers to customize their VSC to their personal driving habits. According to a recent EFG survey, 40 percent of consumers ... [Read More]

Ally Year-End Originations Hit 7-Year High

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Friday, Jan. 30, 2015, 05:28 PM
SubPrime Auto Finance News Staff
Despite General Motors enhancing its relationship with GM Financial and Fiat-Chrysler shifting its captive finance company allegiance to Chrysler Capital that’s fueled by Santander Consumer USA, Ally Financial remains confident in its future prospects, sparked in part by the fact ... [Read More]
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