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SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
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

SNAAC Opens Second Office in Cincinnati

businessmen in city
SubPrime Auto Finance News Staff
Security National Automotive Acceptance Co. (SNAAC) recently opened a second office in Cincinnati. Company officials highlighted more than 60 associates moved into the new space consisting of 14,500 square feet in the Triangle Office of Mason building. SNAAC indicated the ... [Read More]

CU Direct Connect Broadens Footprint with Alliant Credit Union

alliant for SPN
SubPrime Auto Finance News Staff
CU Direct Connect (CUDC), which provides indirect auto lending services to credit unions and dealers, recently launched a program with Alliant Credit Union, based in Chicago. With CUDC’s expansion outside of Colorado, company management called Alliant a valuable partner, helping ... [Read More]

FICO, LexisNexis & Equifax Outline Alternative Data Plan

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Auto Remarketing
On Thursday, FICO, LexisNexis Risk Solutions and Equifax described details of a pilot program currently underway that could eventually enhance the underwriting and origination endeavors of auto finance companies. Officials highlighted the pilot program allows 12 of the largest credit ... [Read More]

Pelican Auto Finance Taps AUL to Be VSC Provider

dash lights and odometer
SubPrime Auto Finance News Staff
Pelican Auto Finance, which specializes in working with deep subprime consumers, this week selected AUL to be its national vehicle service contract provider. Pelican Auto Finance chief executive officer Troy Cavallaro described AUL as an industry leader in the vehicle ... [Read More]

5 Components of AWARE’s Offering to Help Consumers Understand Financing

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SubPrime Auto Finance News Staff
With Experian Automotive pointing out that more than 80 percent of new vehicles sold last year had some type of financing, the Americans Well-informed on Automobile Retailing Economics (AWARE) Coalition reiterated its stance on how consumers should be as knowledgeable ... [Read More]

Expert Assessment & Tips on How to Handle CFPB Database

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Nick Zulovich, Editor
A pair of legal experts with decades of compliance experience shared a strategy that might help finance companies clear the latest hurdle placed in front of them by the Consumer Financial Protection Bureau — complaints being pushed out online for ... [Read More]

NextGear Capital Makes 3 Leadership Changes

movin' on up
SubPrime Auto Finance News Staff
On Wednesday, NextGear Capital announced a trio of senior leadership position appointments; strategic moves officials said were made to position the company to take on more of a focused approach toward its customer service model as it continues to grow. ... [Read More]

NADA Chair: Navigating the Maze of Federal Regulations

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Bill Fox, NADA
It's clear by now that new-car dealers are not just responsible for facilitating the complex transactions of vehicle sales to the American public, but also for complying with numerous federal and state regulations on a daily basis. And to assist ... [Read More]

GWC Warranty & FlexPath Capital Create Strategic Alliance

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SubPrime Auto Finance News Staff
Vehicle service contract and related F&I product provider GWC Warranty recently formed a strategic alliance with FlexPath Capital, an independent finance company specializing in servicing customers with non-prime credit in the Southeast and Northeast.  The company highlighted the strategic alliance ... [Read More]

Ally Consolidating in Downtown Detroit

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SubPrime Auto Finance News Staff
Led by a chief executive officer on the job less than three months, Ally Financial appears to have shown the world that its foundation is clearly in the Motor City. Ally, in a joint announcement on Tuesday with Bedrock Real ... [Read More]

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