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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

World Omni Leverages Auto LOS from Fiserv

money car
Wednesday, Apr. 30, 2014, 03:28 PM
SubPrime Auto Finance News Staff
Financial services technology solutions provider Fiserv announced that World Omni Financial Corp., a provider of financial products and services to dealers, consumers and lenders, has deployed the Automotive Loan Origination System from Fiserv for its retail installment contract and lease ... [Read More]

Fitch Sees Auto ABS in Strong Position

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Wednesday, Apr. 30, 2014, 03:26 PM
SubPrime Auto Finance News Staff
After what analysts classified as a few speed bumps, U.S. auto ABS is primed for a strong spring as seasonal trends kick in, according to the latest monthly index results from Fitch Ratings. Analysts indicated prime and subprime annualized net ... [Read More]

2 CFPB Officials Among Those Subpoenaed by House Committee

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Wednesday, Apr. 30, 2014, 03:24 PM
SubPrime Auto Finance News Staff
Lawmakers want answers if discrimination is going on at the Consumer Financial Protection Bureau, and they are leveraging legal tools to get them. The U.S. House Financial Services Oversight and Investigations Subcommittee on Tuesday voted to subpoena two CFPB officials ... [Read More]

CashCall Auto Looks to Expand Portfolio Beyond $6M

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Monday, Apr. 28, 2014, 03:29 PM
SubPrime Auto Finance News Staff
With a new website at its disposal, CashCall Auto is looking to grow its portfolio above the $6 million mark that the company needed only a few months to reach. CashCall Auto vice president of loan servicing Louis Ochoa explained ... [Read More]

USEA Names Regional Account Manager for the Western US

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Monday, Apr. 28, 2014, 03:23 PM
SubPrime Auto Finance News Staff
US Equity Advantage, a provider of bi-weekly and early loan payoff services to the automotive industry, announced that veteran F&I expert Karena Raino-Nevratakis joined the company as regional account manager for the western United States. The company highlighted Raino-Nevratakis’ primary ... [Read More]

Despite Dip, GM Financial Pleased With Subprime Penetration

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Monday, Apr. 28, 2014, 03:20 PM
Nick Zulovich, Editor
General Motors Financial is not booking as much subprime paper for its parent automaker as it was a year ago, but company leadership isn’t alarmed by the modest decline experienced during the first quarter. The lender’s share of subprime contracts ... [Read More]

Hyundai Capital America Renews Contract with ChannelNet

evaluating car with cell phone
Friday, Apr. 25, 2014, 03:39 PM
SubPrime Auto Finance News Staff
This week, digital acquisition, retention and conquest marketing and sales solutions provider ChannelNet announced the renewal of its three-year contract with Hyundai Capital America. ChannelNet provides the captive finance company with strategic Web solutions to support: —Hyundai and Kia dealers ... [Read More]

April Spending on New Models to be Highest Since 2005

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Friday, Apr. 25, 2014, 03:37 PM
SubPrime Auto Finance News Staff
This month’s projected new-vehicle sales activity is likely to push lenders’ portfolio total higher — along with elongated terms connected with those contracts. J.D. Power estimated that consumers will spend $33.5 billion purchasing new vehicles this month, a historic record ... [Read More]

Dodd-Frank Power Triggers Action Against NY Lender

Benjamin Lawsky for SPN story
Friday, Apr. 25, 2014, 03:34 PM
SubPrime Auto Finance News Staff
The Dodd-Frank Act provided the foundation for more regulation of auto financing by federal regulators. Now a state-level agency is leveraging Dodd-Frank to seek orders against a New York-based subprime lender. Benjamin Lawsky, who is New York’s Superintendent of Financial ... [Read More]

GO Financial Finalizes Equity Interest Sale to Manheim

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Thursday, Apr. 24, 2014, 02:57 PM
SubPrime Auto Finance News Staff
Subprime auto finance company GO Financial completed the sale of a substantial equity interest in GO Financial to Manheim today, furthering connecting the dealer-support efforts of GO Financial and NextGear Capital. GO Financial is now majority owned by DriveTime chairman ... [Read More]

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