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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

Q2 Subprime Volume Drops by Double Digits for Both Used & New

money car
Wednesday, Sep. 3, 2014, 03:12 PM
SubPrime Auto Finance News Staff
Finance companies’ appetite for subprime risk appears to be waning, judging by the softening trends Experian Automotive shared on Wednesday. According to its latest State of the Automotive Finance Market report, Experian determined that the percentage of new-vehicle loans to ... [Read More]

14 Credit Unions Join AFG’s Balloon Lending Program

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Friday, Aug. 29, 2014, 03:58 PM
SubPrime Auto Finance News Staff
Auto Financial Group — an online provider of innovative financing products including CarMark Auto Finance for credit unions and banks — has signed 14 new credit unions to their program since the start of the year, resulting in a reach ... [Read More]

Fleet Financial President Passes Away Suddenly

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Friday, Aug. 29, 2014, 03:42 PM
SubPrime Auto Finance News Staff
SubPrime Auto Finance News has learned that Fleet Financial president Patrick Fitzgerald passed away earlier this week following a tragic cycling accident, according to a post on the company’s Facebook page. The company indicated that Fitzgerald was involved in the ... [Read More]

SEC Issues New Rules for ABS & Rating Agencies

SEC headquarters for SPN
Friday, Aug. 29, 2014, 03:38 PM
SubPrime Auto Finance News Staff
Along with approving new requirements for credit rating agencies such as Moody’s and Standard & Poor’s, the Securities and Exchange Commission this week also adopted revisions to rules governing the disclosure, reporting, and offering process for asset-backed securities (ABS), which ... [Read More]

CFPB Schedules Another Auto Finance Field Hearing

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Thursday, Aug. 28, 2014, 06:02 PM
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau will host another field hearing focused on auto financing next month. Bureau officials said on Thursday that this next session dedicated to this slice of the credit market will begin at 11 a.m. EDT on ... [Read More]

Autobytel Partners with DriveItNow to Launch Payment Tool

digital sales
Wednesday, Aug. 27, 2014, 03:35 PM
SubPrime Auto Finance News Staff
Autobytel now has a solution site officials insist is an easy-to-use car payment conversion tool for dealer websites that’s powered by DriveItNow. Autobytel’s Payment Pro can provide online shoppers with instant and customized monthly payment options based on individual credit ... [Read More]

With Regulators Watching Dealers, It’s Comply Now or Pay Later

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Wednesday, Aug. 27, 2014, 03:30 PM
SubPrime Auto Finance News Staff
Automotive Compliance Consultants general counsel David Missimer gave a strong warning to dealers stemming from what might be considered a small problem or incident blossoming into a significant issue that attracts the attention of federal regulators. Missimer described many dealers’ ... [Read More]

4 More Arguments Against CFPB’s Online Complaint Portal

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Wednesday, Aug. 27, 2014, 03:25 PM
SubPrime Auto Finance News Staff
The Financial Services Roundtable — a nearly 100-member advocacy organization whose supporters include a wide array of captives and commercial banks that offer vehicle financing — is four steps into a campaign the organization has called, “The CFPB Rumor Mill.” ... [Read More]

Webb Explains Why Auto Loan Application Info Differs From Overall Debt Trends

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Monday, Aug. 25, 2014, 03:38 PM
SubPrime Auto Finance News Staff
Manheim chief economist Tom Webb regularly tries to take questions connected to current events when he closes his monthly Auto Industry Brief. The August edition contained questions that likely came from a busy F&I manager. The questioner arrived at the ... [Read More]

Equifax Pops Subprime Bubble Talk in New White Paper

buying car 8
Monday, Aug. 25, 2014, 03:36 PM
SubPrime Auto Finance News Staff
As CNW Research noticed both sequential and year-over-year increases in approvals for subprime vehicle financing so far this month, two Equifax economists took their turn to again reiterate how a bubble is not forming in that segment, contrary to the ... [Read More]

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