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 Kathy Ruble of Ally
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees, we catch up with Kathy Ruble, who is executive director of marketing, dealer financial services and communications at Ally. Ruble has been the longtime moderator ... Listen Here
Tuesday, Nov. 11, 2025, 07:52 PM
SPONSORED EPISODE: From Acquisition to Sale — Winning Used Car Tactics from Autotrader and vAuto experts
In this sponsored episode of the Auto Remarketing Podcast, host Bill Zadeits joins with Elizabeth Stegall of Autotrader, Kelley Blue Book and ICO, and Bethany Johnson from vAuto to preview their Used Car Week workshop. Listen now and you’ll get ... Listen Here
Tuesday, Nov. 11, 2025, 05:28 PM
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
‘Buckle up’ amid volatility in labor market & elsewhere
Friday, Aug. 23, 2024, 11:27 AM
Nick Zulovich, Senior Editor
Twice during a nine-minute video presentation this week, Cox Automotive chief economist Jonathan Smoke suggested auctions, dealerships, finance companies and other operations involved with cars nowadays should “buckle up.” Especially considering the soft metrics coming from the labor market, with ... [Read More]
FinBe USA hires new chief risk officer
Wednesday, Aug. 21, 2024, 09:49 AM
SubPrime Auto Finance News Staff
About a month after rolling out a financing program tailored for work trucks, FinBe USA announced the hiring of a new chief risk officer on Wednesday. Through a post on LinkedIn, FinBe USA welcomed Raghu Venkat, who is bringing more ... [Read More]
KPA unveils new compliance solution for advertising, sales & finance
Wednesday, Aug. 21, 2024, 09:44 AM
SubPrime Auto Finance News Staff
KPA on Tuesday launched a new guided solution for advertising, sales and finance (ASF) compliance, designed specifically for dealerships navigating changing regulations. KPA said this combination of software and consulting services provides an end-to-end solution to lower business risk, avoid ... [Read More]
From the editor: Interesting perspectives from newest members of the FTC
Monday, Aug. 19, 2024, 03:45 PM
Nick Zulovich, Senior Editor
Melissa Holyoak and Andrew Ferguson are the two newest commissioners of the Federal Trade Commission, having been sworn into their positions in March and April, respectively. But Holyoak and Ferguson certainly are not bashful when questioning how the FTC operates, ... [Read More]
Asbury says FTC allegations of ‘payment packing’ are ‘false and unfounded’
Monday, Aug. 19, 2024, 11:17 AM
SubPrime Auto Finance News Staff
Late last week, Asbury Automotive Group rejected “false and unfounded” allegations by the Federal Trade Commission (FTC) of “payment packing” at three of its dealerships in the Dallas-Fort Worth area. The development surfaced a couple of days after the FTC ... [Read More]
LendingClub survey reveals how unaware consumers are about current outstanding debts
Monday, Aug. 19, 2024, 11:15 AM
SubPrime Auto Finance News Staff
Recent analysis by LendingClub Corp. might reinforce why the debt-to-income portion of your auto finance company’s underwriting guidelines could be dinging applications more often nowadays — especially if the individual is leaning heavily on their credit cards. LendingClub’s research on ... [Read More]
Dissension surfaces even when FTC votes unanimously to punish Arizona dealers
Friday, Aug. 16, 2024, 11:24 AM
Nick Zulovich, Senior Editor
Here’s how a unanimous vote can still contain dissension in the automotive regulatory world. The Federal Trade Commission voted unanimously to join the state of Arizona against a pair of franchised dealerships. Officials said the stores engaged in a wide ... [Read More]
CFPB brings its own enforcement action involving credit repair
Wednesday, Aug. 14, 2024, 02:37 PM
SubPrime Auto Finance News Staff
A couple of days after the Federal Trade Commission handed out penalties associated with credit repair, the Consumer Financial Protection Bureau (CFPB) took similar actions involving the same topic last week, too. The CFPB filed a proposed order to resolve ... [Read More]
Auto-credit availability dips for fourth consecutive month
Tuesday, Aug. 13, 2024, 05:11 PM
SubPrime Auto Finance News Staff
The flow of credit from the auto-finance spigot is steadily decreasing. The Dealertrack Credit Availability Index now has declined for four months in a row, as Cox Automotive reported the July reading at 92.9. That index level represented a 1.0% ... [Read More]
Obra Capital buys out Solera Auto Finance
Tuesday, Aug. 13, 2024, 11:53 AM
SubPrime Auto Finance News Staff
Solera Auto Finance has new owners and branding. Obra Capital, an asset management firm with a specialized approach to alternative investing, on Tuesday announced a buyout of the finance company from Solera Corp. First launched at NADA Show 2022, Obra ... [Read More]
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