2025 Loss Mitigation Executive of the Year: Craig Paterson of GM Financial
Wednesday, Nov. 5, 2025, 02:23 PM
PODCAST: Used Car Week Hall of Famer Becky Igo of Allied Solutions
Tuesday, Nov. 11, 2025, 10:48 AM
2025 Repossession Agent of the Year: Phil Hanks of Connect 1 Recovery
Thursday, Nov. 6, 2025, 10:34 AM
Used Car Week Hall of Famer Becky Igo of Allied Solutions
Becky Igo remembers the first few business trips she made going to industry conferences at a time when things like pay phones and fax machines were critical business-development tools. Now more than four decades later, the regional vice president for ... Listen Here
Tuesday, Nov. 11, 2025, 03:28 PM
SPONSORED EPISODE: Five questions to ask before choosing a transportation partner
This sponsored episode of the Auto Remarketing Podcast features two experts from Central Dispatch who offer valuable guidance for choosing a transportation partner. Shanna Wise, who oversees business strategy execution, and Blake Bentley, who leads enterprise client account success, take ... Listen Here
Tuesday, Nov. 4, 2025, 09:15 PM
Inside Auto Auction M&A with Mach10 CEO George Pero
The auto auction industry has seen a spike in M&A over the last three years, similar to the consolidation in auto retail that has been going on much longer. And our guest today has experience with both. George Pero is ... Listen Here
Tuesday, Oct. 28, 2025, 02:01 PM
Study Shows Depth of Debt for Consumers Below Age 29
Friday, Oct. 10, 2014, 03:02 PM
SubPrime Auto Finance News Staff
This week, TransUnion took a different look at what kind of debt consumers are carrying nowadays. The new TransUnion study found that the consumer loan wallet — the composition of loans that people typically carry — has materially changed for ... [Read More]
Subprime Applicants ‘Muddying’ Lease Approvals
Friday, Oct. 10, 2014, 02:58 PM
SubPrime Auto Finance News Staff
While in the installment contract space subprime financing is at levels not seen since 2006, Swapalease.com is finding that an influx of subprime consumers applying to the leasing sector is “muddying the approval waters a bit.” Site analysts reported their ... [Read More]
Ally Financial & BraunAbility Expand Relationship with New Finance Program
Wednesday, Oct. 8, 2014, 03:49 PM
SubPrime Auto Finance News Staff
BraunAbility chose to extend its relationship with Ally Financial by launching a new financing program this week that is dedicated to providing the best customer experience for individuals looking to finance a mobility vehicle. Officials highlighted this new program, BraunAbility ... [Read More]
Zurich’s Vance Earns AFIP Master Certification
Wednesday, Oct. 8, 2014, 03:41 PM
SubPrime Auto Finance News Staff
The Association of Finance and Insurance Professionals (AFIP) announced Brian Vance, the regional F&I manager in the Midwest office of Zurich North America, earned his master certification at an AFIP Certification Boot Camp in Overland Park, Kan., this summer. Vance ... [Read More]
NADA Reiterates Plan to Quell CFPB Fair Credit Concerns
Wednesday, Oct. 8, 2014, 03:39 PM
SubPrime Auto Finance News Staff
National Automobile Dealers Association chairman Forrest McConnell reiterated his arguments this week against points made by federal regulators, especially the Consumer Financial Protection Bureau. McConnell emphasized in remarks to the Automotive Press Association in Detroit that dealers compete fiercely against ... [Read More]
New Subprime Loan Originations Hit 8-Year High
Wednesday, Oct. 8, 2014, 03:33 PM
Nick Zulovich, Editor
Equifax reported the total balance of newly originated subprime auto loans stood at $70.7 billion in August, a level representing an eight-year high and 27.8 percent of the total balance of new auto loans. That’s a slight increase in share ... [Read More]
Chernek: How Dealers Can Navigate the Subprime Crossroads
Monday, Oct. 6, 2014, 03:12 PM
Rebecca Chernek, Chernek Consulting
According to the credit reporting agencies, roughly 56 percent of Americans have what can be categorized as nonprime to subprime credit. A recent Equifax report indicated that only 44 percent of Gen Y customers have prime credit, while the rest ... [Read More]
DriveItNow Highlights 6 Features of Finance Tool for Dealer Websites
Monday, Oct. 6, 2014, 03:00 PM
SubPrime Auto Finance News Staff
Pre-qualified monthly payment marketing technology provider DriveItNow now offers dealer website hosts a comprehensive and compliant credit services solution for their customers. Officials highlighted the six major capabilities of this solution — DriveItNow’s Credit Center. The company explained that since ... [Read More]
AFSA Adds 4 New Members to Board of Directors
Monday, Oct. 6, 2014, 02:55 PM
SubPrime Auto Finance News Staff
Along with welcoming three replacements, the American Financial Services Association added four new members to its board of directors. Joining the organization in this capacity are: — James “Tom” Hudgins, president and chief operating officer, Western-Shamrock Corp. — Pat St. ... [Read More]
StoneEagle, JM&A Group Finalize Strategic Alliance
Monday, Oct. 6, 2014, 02:53 PM
SubPrime Auto Finance News Staff
StoneEagle recently reported JM&A Group, a provider of F&I products and robust training and compliance programs, implemented the SEcureMetrics F&I and sales reporting platform with more than 1,000 of its performing dealerships. The companies highlighted SEcureMetrics can deliver comprehensive insight ... [Read More]
X