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Industry Elite honoree Mike Thomas of Resolvion on building his career — literally
Thursday, Mar. 26, 2026, 02:23 PM
Next up in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Thomas, who is chief executive officer of Resolvion. Thomas shares memories with Cherokee Media Group senior editor Nick Zulovich about working in construction and ... Listen Here
Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
Wednesday, Mar. 25, 2026, 05:01 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Jennifer Turnage, who is chief executive officer of Primeritus Financial Services. Turnage talks with Cherokee Media Group senior editor Nick Zulovich about the importance ... Listen Here
Industry Elite honoree Kelly Wyatt on 25-year career with GM Financial
Wednesday, Mar. 25, 2026, 04:43 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Kelly Wyatt, who is chief digital officer with GM Financial. Wyatt shares a conversation with Cherokee Media Group senior editor Nick Zulovich about being ... Listen Here

Westlake Financial’s Receivables Hit $2 Billion

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Wednesday, Aug. 20, 2014, 04:05 PM
SubPrime Auto Finance News Staff
Sparked by the best July in company history, Westlake Financial Services announced this week that it reached $2 billion in total receivables. Westlake’s portfolio now has that total receivables figure connected to more than 270,000 customer accounts. “Having a portfolio ... [Read More]

Lease Approvals Reach New High for Year Despite Subprime Drag

leasing
Wednesday, Aug. 20, 2014, 04:03 PM
SubPrime Auto Finance News Staff
Swapalease.com reported lease credit approvals during the month of July climbed to the highest monthly level of the year, reversing a trend that saw continuous decline since January largely due to an increase in the number of subprime credit applicants. ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turn Service Visits Into Sales Growth: A GM’s Checklist

Your service drive is filled with loyal customers who trust your dealership and are physically in your store, yet most...
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The Dealer’s Guide to Smarter GPS Tracking

A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
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Used Car Turn Vendor Management Checklist

Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
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New Moody’s Report, Execs’ Outlook Confirm Usual Subprime Cycle

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Wednesday, Aug. 20, 2014, 04:00 PM
Nick Zulovich, Editor
Near-term predictions made this week by Moody's Investors Service fall in line with ongoing lending cycle points noticed by veteran finance company executives such as Credit Acceptance’s Brett Roberts and Brad Bradley of Consumer Portfolio Services. Moody’s analysts indicated in ... [Read More]

S&P/Experian: Auto Defaults Stay Flat in July

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Wednesday, Aug. 20, 2014, 03:58 PM
SubPrime Auto Finance News Staff
The auto segment of the S&P/Experian Consumer Credit Default Indices stayed flat on a sequential basis in July. And analysts from S&P Dow Jones Indices and Experian highlighted July’s auto reading settled only four basis points above its historical low. ... [Read More]

Black Book Examines Impact Recalls Have on Portfolios

Black Book recall white paper for SPN
Tuesday, Aug. 19, 2014, 01:25 PM
Nick Zulovich, Editor
In light of more than 37 million vehicles being recalled so far this year, the team at Black Book Lender Solutions went to work considering the impact these campaigns are having on the auto finance industry. Analysts acknowledged the psychology ... [Read More]

AFSA Explains How TCPA Shouldn’t Be a ‘Trap’

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Monday, Aug. 18, 2014, 03:49 PM
SubPrime Auto Finance News Staff
The American Financial Services Association responded to a petition asking that the Federal Communications Commission rule that finance companies are not liable when they call a wireless number for which they have prior express consent to call or text, but ... [Read More]

Nicholas Financial’s Q1 Originations Rise

earnings report
Monday, Aug. 18, 2014, 03:47 PM
SubPrime Auto Finance News Staff
Nicholas Financial originated more subprime contracts during the first quarter of its fiscal year, but its net earnings softened by double digits. The number of contracts the company booked during the quarter came in at 4,244 for a total loan ... [Read More]

Report: 1 in 20 Consumers Have a Delinquent Credit Account

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Monday, Aug. 18, 2014, 03:45 PM
SubPrime Auto Finance News Staff
Roughly one out of 20 people with a credit file — which constitutes about 5.3 percent of the U.S. consumer population — are at least 30 days late on a credit card or other non-mortgage account such as an auto ... [Read More]

TrueCar Unveils Program for NEA Members

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Friday, Aug. 15, 2014, 03:41 PM
SubPrime Auto Finance News Staff
This week, TrueCar and the National Education Association (NEA) partnered to launch a vehicle-buying program designed to provide savings for NEA members and educators. Officials highlighted that through the NEA Auto Buying Program, the NEA's 3 million members will gain ... [Read More]

New York Fed: Q2 Originations Top $100 Billion

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Friday, Aug. 15, 2014, 03:38 PM
SubPrime Auto Finance News Staff
Along with a climb in total outstanding balances that’s now reached 13 quarters in a row, it’s also been nearly eight years since the auto finance industry generated this much paper in a single quarter. The Federal Reserve Bank of ... [Read More]

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