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Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
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

Re3 Executive Of The Year: Karen Nelson

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Nick Zulovich, Editor
Karen Nelson’s career as a collector began while she was earning money for her tuition to attend Old Dominion University. Nelson worked her way through school by handling the day-in, day-out chores of a collector and graduated with a degree ... [Read More]

SubPrime Auto Finance Executive of the Year: Ian Anderson

Ian Anderson for SPN
Nick Zulovich, Editor
When the Great Recession began to grip the economy, Westlake Financial Services president Ian Anderson said the company installed a trio of values to help it navigate through a rougher period than many experts projected. Those values included people, purpose ... [Read More]

CU Direct Connect Brings on New Member

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SubPrime Auto Finance News Staff
CU Direct Connect, a leader in the Colorado automotive lending market that provides indirect auto lending services to credit unions and dealers, added another member to its network this week. Bringing Northern Colorado Credit Union of Greeley, Colo., into the ... [Read More]

Equifax Verifications Now Available to CBC Dealers

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SubPrime Auto Finance News Staff
Equifax highlighted this week that dealers who use Credit Bureau Connection's credit reports and compliance solutions now have the opportunity to access income and employment data as well. Officials explained this data provided via The Work Number can allow dealers ... [Read More]

Investment Firm to Merge Flagship Credit Acceptance & CarFinance Capital

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SubPrime Auto Finance News Staff
The investment firm that oversees two subprime auto finance companies — Flagship Credit Acceptance and CarFinance Capital — announced on Thursday that it is merging the two operations together. Officials from the alternative asset management unit of Perella Weinberg Partners ... [Read More]

700Credit Offers Free Compliance Webinar on Thursday

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SubPrime Auto Finance News Staff
700Credit is hosting a free webinar on Thursday that aims to answer many questions on dealers’ minds when it comes to compliance. The Adverse Action, Red Flag and Risk-Based Pricing compliance webinar, titled Dealer Knowledge Webinar: Compliance Questions Answered, is scheduled for 2 ... [Read More]

Sunset Transfers LOI for MotorMax Purchase to The Mint Leasing

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SubPrime Auto Finance News Staff
Investment and advisory firm Sunset Capital Assets said Tuesday its existing letter of intent to buy Motors Acceptance Corp. — which, along with its family of companies in the subprime auto space, is known as “MotorMax” — is being reassigned ... [Read More]

DealerClick Partnership Brings BillingTree Further Into Auto Market

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SubPrime Auto Finance News Staff
Payment-solution provider BillingTree announced today its new partnership with DealerClick, further expanding the former’s influence on the automotive finance market. Through the partnership, DealerClick can now offer its customers a wider choice of payment processing and self-service options while using ... [Read More]

What Many Don’t Know About Credit Score Reporting

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SubPrime Auto Finance News Staff
There’s an incorrect assumption that many Americans — and potentially your customers and other auto-related consumers — are making when it comes to their credit score standing. In results of its national survey of renters revealing “widespread confusion” about what is ... [Read More]

Automotive Credit joins Wolters Kluwer Financial Services’ AppOne Platform

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SubPrime Auto Finance News Staff
Wolters Kluwer Financial Services announced Monday that Automotive Credit Corp., a Midwest-based provider of subprime financing solutions, joined the AppOne platform. The companies explained AppOne can help to automate the credit approval and compliance processes for finance companies and the ... [Read More]

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